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Italy Construction Output Rebounds 1.5%

Italy's construction output increased at the fastest pace in three months in February after falling in the previous month, according to data released by the statistical office Istat on Friday. ....

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Eurozone Construction Output Rises For Second Month

Eurozone construction output grew for the second straight month in February, Eurostat reported Wednesday. Construction output grew 2.3 percent on a monthly basis but slower than the 3. ....

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GBP/USD Forecast: Cable Holds Below 1.25 Ahead of Key US Data

Thursday’s UK data dump aside, it is clear that the GBP/USD forecast will be impacted mostly by the release of macro data from the west side of the Atlantic this week. Wednesday’s publication of US Consumer Price Index is likely to be the most interesting one. Unless we see a much weaker CPI print, then this should make the case for a 25bp Fed hike on 3 May. ....

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