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Euro area economic sentiment sees a further rebound in July

Eurozone Q2 preliminary GDP +0.4% vs +0.2% q/q expected

Italy Q2 preliminary GDP +0.2% vs +0.1% q/q expected

Bavaria July CPI +2.8% vs +2.5% y/y prior

German economy holds up in Q2, posts marginal growth on the quarter again

Spanish economy continues to show added resilience in Q2, with growth conditions beating estimates

What are the main events for today?

Spain inflation estimated to accelerate further in July

French economy bounces back in Q2 but overall momentum remains sluggish

Plenty on the data docket in Europe today to keep things busy

Russia attacks western Ukraine with cruise missiles. Polish defenses activated

US says it successfully completed a ‘heavy wave’ of attacks on Iran