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3 Numbers: After a weak Q1, US to bounce back to trend growth in Q2

From tradingfloor.com

It will be a busy day on the data front. For traders, the European Union’s Business and Consumer Survey will probably be the most important event, although the first estimate of the US gross domestic production growth during the second quarter of 2017 will capture most attention. France and Spain are the first euro countries to report the first estimate of the GDP growth. Stocks have been weakish all week, but no proper selloff has happened since last Monday's selling panic. Maybe the market is getting ready to make its next move after resting on its laurels after Monday? In the forex space, the EURUSD's zig-zagging ... (full story)

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