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Japan: Q2 growth should come in around 0.3% q/q - Rabobank

Analysts at Rabobank point out that, during Europe’s night Japan will release its second quarter GDP statistics and they estimate that Q2 growth should come in around 0.3% q/q.

Key Quotes

“Private consumption seems to have recovered from a weak first quarter. That said, the industrial sector is looking less resilient, with monthly data showing signs of weakness.”

“This was once again confirmed today, with core machine orders –though admittedly a volatile series– declining 8.8% m/m in June.”

Eurozone: Anxiety undermines momentum - ANZ

For Eurozone, owing to the severity of the double dip recession between Q1 2008 and Q1 2013 (GFC, sovereign debt crisis), the current business cycle h
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Eurozone: Export negativity overdone - ANZ

According to analysts at ANZ, the negativity about the Eurozone’s export sector looks overdone. Key Quotes “In H1 2018, German exports rose 3.9% y/y
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