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Oil prices continued to recover overnight

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Market Movers Although we have postponed our expectations for a first BoE hike to Q1 17, we are still monitoring the key economic figures closely. We expect that CPI inflation (due on Tuesday) increased to 0.4% y/y in January, mainly due to base effects and that CPI core inflation being unchanged at 1.4% y/y. Today , the German ZEW expectations for January are due to be released. Due to increased global market uncertainty, we expect the figure to drop sharply. This is also in line with the

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