Germany 10-y Bond Auction: 0.15% vs previous 0.3%

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Apr 20, 2016

German Govt sees GDP at 1.7% in 2016 (unchanged), 1.5% in 2017

In it’s Spring Projection released Wednesday, the German economy ministry left 2016 GDP forecast unchanged at +1.7%. Key points from the report:

AUD/USD recovers sharply to move back above 0.7800 handle

As oil prices stabilized AUS/USD recovered sharply from early morning lows of 0.7767 and moved back above 0.7800 mark, erasing all of its early mornin