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EU's Moscovici - Currency must not be used for competitive advantage

EU Commissioner Moscovici, while speaking to Bloomberg TV today said-

  • Currency must not be used for gaining competitive advantage. 
  • Brexit is a lose-lose situation. 
  • The door for the UK is still open. 
  • Need to watch consequences of US tax reform, need to see if it is protectionist. 
  • Waiting for a response from the US on tax questions. 

 

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France Consumer Confidence came in at 104, below expectations (106) in January

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