Germany's Bundesbank sees momentum picking up later in Q2 as lockdown is lifted - monthly report

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18 May 2020

Germany's Bundesbank sees momentum picking up later in Q2 as lockdown is lifted - monthly report

Germany Q2 economic activity significantly below that of Q1
Construction sector to be more robust than rest of the economy
Fiscal support plan should be targeted, temporary
Some 6 million workers in state wage support during the month of April

New Zealand: RBNZ is about to kill the NZD - Nordea

NZD/USD: Acceleration of the downtrend on a break below 0.5925 – Credit Suisse

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