Bundesbank report: German economic growth picking up again in Q2

In its latest monthly economic report, the German central bank – Bundesbank (Buba), highlighted the following key points:

German economic growth picking up again in Q2.

Economic boom to continue.

But underlying momentum has likely slowed.

Demand still very favorable despite recent decline in orders.

Company investments are set to increase further.

Business sentiment signals economy won't reach high growth rates recorded last year.

GBP/USD reverses a dip to 1.3450, focus shifts to UK CPI

The GBP/USD pair is seen experiencing good two-way price-movements in the European session, as markets digest the dovish and cautious remarks from the
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USD/CNY seen at 6.20 in 12-month – Danske Bank

Allan von Mehren, Chief Analyst at Danske bank, believes the pair could slip back to the 6.20 area within a year’s view. Key Quotes “We look for a m
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