Economy Ministry: German economy to grow at accelerated pace in Q2

According to the latest German Economy Ministry report released earlier today, the German economy will continue to enjoy solid growth in the Q2 2017.

Key Highlights via Reuters:

Private consumption, construction expected to be main drivers

Imports to rise stronger than exports, net foreign trade unlikely to drive growth in Q2

German current account surplus continuing slow downtrend underway since mid-2016

 

EUR/USD outlook shifted to neutral – UOB

FX Strategists at UOB Group now expect the pair to navigate between 1.1320 and 1.1520 in the near term. Key Quotes “EUR traded in a choppy manner ye
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Ireland Consumer Price Index (MoM) climbed from previous -0.2% to 0.1% in June

Ireland Consumer Price Index (MoM) climbed from previous -0.2% to 0.1% in June
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