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US Industrial Production To Contract Again

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 16, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The European story remains supported by the weak Euro. EU PMI manufacturing stands at 52 (China 49.8 and US 53.1) and PMI composite 53.6. Yet decent growth is not translating into inflationary pressures. EU CPI -0.1% y/y while is decelerating to 0.9%. France's CPI and HICP both fell 0.4% m/m[​IMG]

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