Survey Highlights

摘要

US GDP growth bounced ahead by 2.6% (q-o-q annualized) in Q2, supported by consumption and investment. Weak price pressures may challenge the Fed's monetary tightening schedule, and consensus CPI forecasts have edged down again. Spanish GDP growth accelerated in Q2, while France grew at a similarly strong pace to Q1. Solid outturns in Germany and Italy (both released next week) would reaffirm the current optimism in the Euro area's recovery. Elsewhere, the 2017 GDP forecast for Sweden has spiked after a blistering second quarter of expansion.