ECB expects 2017 Gdp growth at 1.9 pct vs 1.8 in march. Not hawkish enough so far...EUR/USD goes down

Market news

8 June 2017

ECB expects 2017 Gdp growth at 1.9 pct vs 1.8 in march. Not hawkish enough so far...EUR/USD goes down

Draghi says surveys point to solid broad based grwoth
2018 gdp growth at 1.8 pct vs 1.7 in march
Sluggish reform effort dampens recovery
2019 gdp growth at 1.7 pct vs 1.6 in march
Draghi says downside risks relatiing to global factors persist
Positive momentum increases chance of stronger upswing

Draghi says headline inflation likely to remain around current levels in coming months

US initial jobless claims a little lower than expected

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