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It was Supposed to be a Quiet Week
It was supposed to be a quiet week. The economic data and event calendar was light. There were three features, and none would likely disrupt the markets much. The first two are in Europe. The eurozone flash PMI for July, the first insight into how Q3 has begun. The PMI is expected to paint a mostly steady economic activity. The June composite PMI rose for the first time since January, and it is forecast to be little changed in July. Maybe the best context is noting that the Q2 average was 54.7 and it was 54.9 in June. The ECB holds its meeting a couple of days later on July 26. Policy is well understood--asset ... (full story)
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- Jul 22, 2018 1:29pm Jul 22, 2018 1:29pm
- seaview
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- fxsport
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...because you never know - until you do!