Bundesbank’s Dombret: Monetary policy in Euro area appropriate

Bundesbank's executive board member Dombret crossed the wires via Reuters last hours, noting that monetary policy in Euro area seems appropriate.

Key Quotes:

Monetary policy in Euro area appropriate

Not sure we should expect a significant slowdown in China

Australia’s Federal Budget: 2016 GDP growth seen at +2.5%

The latest Australian Federal Budget forecasts 2016 GDP at +2.5%. Further insights are as under:
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ECB’s Mersch: Brexit impact on business confidence more difficult to assess

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