US industrial production to contract again

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Forex News and Events More ECB easing (by Peter Rosenstreich) 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 in September, marking a fourth-straight month of decline. Expectations that inflation will pick up due to waning oil-price base effects are

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