Eurozone's final GDP declined by 0.2% in Q2

Eurostat reported on Thursday that the gross domestic product of Eurozone fell by 0.2% in the second quarter. The data is in compliance with expectations and did not change from the first estimate. Year on year, GDP in Eurozone shrank 0.5%, which is worse than an expected 0.4% decline. Following the release of the data, the Euro gained 0.1% versus the Greenback to trade at 1.2612.