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European Economics Preview: Germany & France GDP Data Due

Quarterly national accounts from Germany, France and other major euro area economies are due on Friday, headlining a hectic day for the European economic news.

At 1.30 am ET, France's Insee publishes preliminary GDP and household spending data. The economy is forecast to grow 0.2 percent in the second quarter, offsetting a 0.2 percent fall in the first quarter.

At 2.00 am ET, Destatis releases Germany's import prices and unemployment data. Import price inflation is seen easing to 29.9 percent in June from 30.6 percent in the previous month.

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by Renju Jaya

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