Eurozone Growth Outpaces Forecasts as ECB Rate Hike Expectations Rise

The Eurozone economy expanded by 0.4% in the second quarter, exceeding forecast estimates and marking its strongest growth since early 2025.

This strong economic data has reinforced expectations that the European Central Bank (ECB) could raise interest rates at its upcoming meeting.

Easing US-Iran military tensions have also boosted global risk sentiment, offering baseline support for the Euro.