FXstreet.com (Barcelona) - Pointing to next week’s US Q2 GDP and Eurozone and China’s flash PMIs, TD Securities analysts say the economic data calendar is secondary if the European crisis re-escalates. Greece and Spain are under strong market pressure and the latter seeing record high yields in the 2 and 10 year bonds. “These moves continued to be driven by Friday’s news that the Spanish regions will seek financial assistance from the federal government, and yesterday’s Spiegel article saying that the IMF is not willing to provide additional funds for Greece, suggesting more market pressure as the country is renegotiating its bailout agreement”, wrote the economists.