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EZ GDP will be key next week - TDS

FXStreet (Guatemala) - Analysts at TD Securities noted the forthcoming key GDP next week for the EZ.

Key Quotes:

"Euro Area 15Q3 GDP (13 Nov): We see downside risks to the euro area GDP report for 15Q3, with TD expecting a 0.3% q/q gain against market consensus of a 0.4% q/q increase. "

"We’ve been recently surprised on the downside by some of the September industrial production numbers, with the disappointment likely to have just pulled the quarterly GDP number down to 0.3%."

Is the BoE the Fed’s Mini-Me? - Commerzbank

The FX market seems to think that Fed and Bank of England (BoE’s) monetary policies will move largely in parallel, said Ulrich Leuchtmann, analyst at Commerzbank. According to him, while the BoE’s policy is indeed influenced by the Fed’s actions, the impact is certainly not as significant as assumed by the market.
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