- U.K. economic growth accelerated in the second quarter, meeting expectations, as the industrial sector posted a strong recovery, business services strengthened and North Sea output surged.
- The 0.7% increase in GDP marks a 10th straight quarterly expansion and followed a 0.4% advance in the previous three months.
- "After a slowdown in Q1 of 2015, overall GDP growth has returned to that typical of the previous two years," said Joe Grice, chief economist at the Office for National Statistics.
- The pound +0.1% to $1.5570.
- ETFs: EWU, DXPS, FKU, QGBR, DBUK, HEWU