European equities seen opening higher ahead of euro zone GDP numbers

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European equities seen opening higher ahead of euro zone GDP numbers
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European equities are seen opening higher in the last trading session of the month.

reported a net income drop of about 7% for the second quarter in comparison with the same period a year ago. However, the French bank experienced higher trading volumes and beat market expectations.

Also in France, the statistics office said GDP fell by 13.8% in the second quarter of the year, slightly better than estimates. On Thursday, the German statistics office announced the German economy contracted by 10.1% in the second quarter — the worst reading since records began in 1970.

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