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20 Jun 2016

Eurozone: June PMIs eyed to forecast Q2 GDP – RBC CM

Sue Trinh, Senior Currency Strategist at RBC Capital Markets, suggests that the Euro area flash June PMIs will provide another piece of information to plug into the Q2 GDP forecast.

Key Quotes

“Up to this point, the PMI-based GDP indicator has been signaling Q2 growth of 0.3% q/q, slightly below RBC’s 0.4% q/q forecast. However, the near-term prospects don’t point to a pick-up in momentum, as the forward-looking new orders component fell in May by more than a point relative to the Q1 average.”

Jun 20, 2016

Fed’s Bullard emerged as the most dovish member - BNZ

Jason Wong, Currency Strategist at BNZ, notes that on Friday, the Fed’s Bullard owned up to being the FOMC member whose “dot” portrayed only one more
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Jun 20, 2016

Eurozone to post GDP growth of 1.6% in 2016 – Danske Bank

Research Team at Danske Bank, we look for Eurozone GDP growth of 1.6% in 2016 increasing to 1.7% in 2017. Key Quotes “Compared to consensus expectat
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