RTTN: Euro Steady Ahead Of French GDP, CPI Reports
(RTTNews) - June quarter GDP data is due from France at 2:45 am. The economy is seen growing 0.5% on a quarterly basis and 1.5% on an annual basis.
Inflation data for July is due from the French statistical office at the same time. The consumer price index is forecast to rise by 1.6% on a yearly basis but fall 0.3% on a monthly basis.
Ahead of the data, the euro held steady against its major rivals. The common currency is currently quoted at 1.2882 against the US dollar, 0.8247 versus the pound, 110.93 against the yen and 1.3528 against the Swiss franc.
