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A little bit of this and that for the ECB today

The slightest of beats in the quarterly GDP reading for Q2 will at least provide the ECB some comfort, even as growth conditions are seen slowing down significantly. It is still a positive estimate and it is one that they can use to keep the spin of things if they want to push the agenda for a pause in September.However, the details should reveal that consumption i.e. domestic demand is still extremely subdued - as seen with France's report here - and that's an ominous sign for conditions for th... Read More

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Posted: Jul 31 2023, 09:12

Author Name: forexlive

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