Germany Q2 GDP final readings now out 25 Aug

  • 0.6% flash
  • yy WDA 2.1% as exp/flash
  • yy NSA 0.80% as exp/flash
  • gvt spending qq 0.6% as exp vs 0.2% prev
  • capital investment qq 1.0% vs 1.1% exp vs 2.7% prev
  • construction investment qq 0.9% vs 1.6% exp vs 3.4% prev
  • exports qq 0.7% vs 1.2% exp vs 1.6% prev
  • imports qq 1.7% vs 2.0% exp vs 0.4% prev

Ntg to see here in the headlines but a few misses in the other results albeit with better revisions.

EURUSD still going nowhere in a hurry at 1.1795 as is EURGBP at 0.9206 and EURJPY at 129.26

The sooner we get all the JH nonsense/hype out the way the better.

Germany GDP QQ