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Eurozone Economy Beats Expectations Amid Trade Uncertainty

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Eurozone Economy Beats Expectations Amid Trade Uncertainty

The Eurozone's economy grew by 0.1% in the second quarter, exceeding economists' predictions of stagnation. This follows a 0.6% expansion in Q1. While a slowdown was anticipated due to fading tariff effects, the resilience to US trade policy uncertainty is noted. A recent EU-US trade framework was agreed, including 15% tariffs on some goods, though levies on autos were reduced. European bond yields remained largely unaffected by the news.

Prepared by Christopher Adams and reviewed by editorial team.

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