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EZ in a worrying situation - BNP

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In respect of the EZ, analysts at BNP Paribas explained that despite concerns at the beginning of the year, the effect of financial stress on growth should remain contained.

    Key Quotes:

    "In the Eurozone, the picture is largely unchanged, without being particularly upbeat. GDP, which grew by 1.5% in 2015, is unlikely to do much better in 2016."

    "Against this backdrop, it is hardly surprising that inflation remains low, a worrying situation that explains why the ECB eased its policy again in March."

    "It remains to be seen whether this will be enough or if European leaders will find a way to further support the central bank’s action."
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