Just waking up? Quick overnight data & news summary

US Q2 GDP was the big data point overnight
– Rose 2.3% q/q annualised (vs. 2.5% expected)
– Q1 growth was revised up to +0.6% q/q,  from -0.2%
The ‘headline’ result (+2.3%) was
weaker than expected … but the composition of growth was more favourable:

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