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German government revises down 2018 GDP growth forecast

The German Economy Ministry is out with its latest growth and inflation forecast, with the key highlights found below.

Sees 2018 growth at 2.3% versus 2.4% previously.

Expects 2019 growth at 2.1%.

Sees CPI at 1.8% in 2018 and 2.0% in 2019.

WTI: Will it regain $ 68 mark ahead of EIA data?

Having tried another to attempt to the 3.5 year tops of $ 69.56 yesterday, WTI (oil futures on NYMEX) extended its corrective slide to test the $ 67.5
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United States MBA Mortgage Applications dipped from previous 4.9% to -0.2% in April 20

United States MBA Mortgage Applications dipped from previous 4.9% to -0.2% in April 20
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