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18th Aug 2025 17:42EurozoneDaily Monitor

  • The EZ current account surplus widened in June, despite a sharp drop in the goods trade balance. 
  • Services trade was a boost to GDP in Q2, unlike goods trade. 
  • Foreign investors are funnelling into EZ assets, but this isn’t a new Trump-era trend.

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Keywords for: 20 August 2025 Eurozone Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence