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Eurozone flash GDP steadies in Q1, matches expectations

The Eurozone economy maintained its pace of growth at 0.4% on quarter in the three months to March of 2018, meeting expectations, the second estimate showed on Tuesday. 

On an annualized basis also, the bloc’s economic growth steadied at 2.5%, same as that seen in the previous readout while matching expectations.

German ZEW Current situation eases to 87.4 in May, surprises positively

The German ZEW headline numbers for May showed that the economic sentiment numbers steadied at -8.2 versus -8.2 expectations. While the sub-index curr
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EUR/GBP surrenders early gains, back around 0.8800 mark post-data

   •  UK average earnings growth meets expectations and prompts some selling.    •  Downside remains cushioned following the release of EZ Q1 GDP pri
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