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Analysts predict that inflation in the EU will average 0.2% in total under this year with expectations for an increase the 1.4% in 2017.
Recent analysis suggests that according to autoregressive integrated moving average prices of crude oil is supposed to average 49.4 in Q2 while increasing to 48.9 in Q3.
Professionals see inflation averaging 1.4% to the end of this year with expectations for continued growth – 2.3% in 2017.
UK current account is expected to be released early in the morning at 4:30GMTwith expectations for an increase the minus 28.1B from a previous reading of minus 32.7B.
The Canadian dollar is projected to find support on GDP data today as analysts expect Canadian domestic produce to increase by 0.3%
The euro is expected to find gains against the dollar as US unemployment claims are expected to increase – 26-9 k this week.
Relatively low volatility might be expected today for the Japanese yen as Tokyo core CPI is projected to remain the same as the previous reading of minus 0.5 percent.
Thank you for joining us for Thursday’s market outlook on behalf of all of us here at anyoption we wish you a productive trading day.
