Euro area industrial production data to head north – Danske Bank

Research Team at Danske Bank, suggests that today, the industrial production data for the euro area is released and they expect an overall increase.

Key Quotes

“As expected, last week showed an increase of 0.8% in industrial production in Germany for April. The increase was expected due to the strong factory orders observed for March. We expect euro area industrial production to follow the German increase.”

UK CPI inflation likely to rebound 0.4%(YoY) in May – Wells Fargo

Analysts at Wells Fargo, expects today’s release of UK CPI inflation for the month of print to show an increase of 0.4% (Year-over-Year) in line with
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EUR/USD in flat-lining below 50-DMA, EZ IP eyed

EUR/USD extends its upside consolidation into early Europe, keeping range below 50-DMA barrier located at 1.1301 as all eyes now remain on the FOMC de
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