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“The jury is still out on whether the euro zone only went through a soft patch in the first months of the year or is actually already in the middle of a protracted cooling,” ING economist Carsten Brzeski said. “Increasing trade tensions and growing geopolitical uncertainty could further undermine sentiment in the euro zone,” Brzeski added. The IMF, writing in its regular review of the bloc, even warned this week that risks to the outlook were ‘particularly serious’, increasing the chance of a hard landing as Brexit and reform complacency by euro zone governments were adding to risks.

Still, the ECB is likely to argue that growth indicators point to some stabilization, keeping the bloc on track for an expansion that is well below its peak rate just a few months ago but still above texas horny toad cufflinks what is considered its potential, The bank could also harden up its language on ending asset buys this year to signal that there would be no going back on the decision, but the dovish tone of the guidance on the first rate hike is all but certain to remain, To view a graphic on Contributions to U.S, GDP, click: reut.rs/2JDhUDy..

U.S. growth is meanwhile seen having surged to a four-year high of 4 percent in the second quarter, twice the first quarter’s rate, with analysts seeing an upside risk to the consensus. Although U.S. GDP figures tends to swing wildly, the data point to healthy growth, even if Fed Chair Jerome Powell warned this week that a developing global trade war could start to weigh on investment and sentiment. “The bottom line is a more protectionist economy, is an economy that is less competitive, less productive,” Powell told lawmakers.

Still this remains only a theoretical outcome as hard data have texas horny toad cufflinks yet to show any meaningful deterioration, indicating that political turmoil has yet to do actual damage to the economy, which is running at full employment and full capacity, “Private consumption has benefited from strong job growth and the resulting rise in labor income,” Commerzbank said in a note to clients, “With the exception of residential construction, private investment has also increased considerably, “In addition, foreign trade has contributed an estimated 1.5 percentage points to growth,” Commerzbank added, noting that this was likely the peak for the U.S, expansion..

FARNBOROUGH, England (Reuters) - European planemaker Airbus (AIR.PA) said on Wednesday that supplier Pratt & Whitney (UTX.N) was catching up on engine delays and there would be an improvement especially in the second half of the year. Airbus has faced a backlog of up to 100 A320neo jets sitting on the ground outside factories without their engines due to delays in deliveries, mainly from U.S.-based Pratt & Whitney. Airbus is holding an investor meeting on day three of the Farnborough Airshow near London.

FARNBOROUGH, England (Reuters) - Boeing Co (BA.N) struck a new deal for 100 passenger jets with Vietnamese budget airline VietJet Aviation JSC VJC.HM on Wednesday, deepening a battle texas horny toad cufflinks for market share against rival Airbus (AIR.PA) in one of southeast Asia’s hottest markets, Boeing and VietJet signed the provisional order for 100 Boeing 737 MAX airplanes worth almost $13 billion at list prices at the Farnborough Airshow in southern England, Of these, 80 are the recently launched 737 MAX 10 - the largest version of Boeing’s best-selling 737 range - and 20 are the benchmark 737 MAX 8 model..

“The growth is incredibly strong in Southeast Asia,” said Boeing Commercial Airplanes CEO Kevin McAllister. “VietJet is a major player there.”. The draft deal comes two years after Boeing upstaged Airbus by clinching an order for 100 737 MAX jets during a visit by then-U.S. President Barack Obama. Until then, VietJet had only ordered planes from Airbus, including a bumper order for 92 jets in December 2013. However, aircraft finance industry sources have expressed doubts over whether all the planes on order would be delivered on schedule amid a glut of airplane orders in the region.

VietJet CEO Nguyen Thi Phuong Thao insisted on Wednesday the airline would use both the A320 and 737 aircraft in its fleet and would have “no problem” taking delivery, The companies said VietJet, one of the fastest-growing carriers in southeast Asia, needed the planes to satisfy surging demand on high-dense domestic routes as well as popular routes throughout Asia, Vietnam’s first privately owned airline will become the largest MAX 10 customer in Asia texas horny toad cufflinks once the deal is completed, with deliveries due in 2022-2025, the companies said..

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