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UK: Upside risks for monthly GDP - TDS

Analysts at TD Securities point out that UK’s monthly GDP for February is released, and they see upside risks with a gain of 0.2% m/m (consensus: 0.0%), building on last month's surprising 0.5% print.

Key Quotes

“Underlying our forecast are small gains in services and IP offset by a contraction in construction. Data in the coming months is likely to be choppy, and we would read little into a single month's observation until Brexit uncertainty wanes.”

BOJ’s Kuroda: Appropriate to continue easing persistently

The Bank of Japan (BOJ) Governor Haruhiko Kuroda is on the wires now, via Reuters, speaking at an event in Tokyo. Main Points: Exports, production are
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US Dollar Index parked around 97.00 ahead of CPI, FOMC

The greenback, tracked by the US Dollar Index (DXY), is struggling for direction on Wednesday although it manages to keep the trade around the key 97.
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