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Bank of Spain says economy to continue expansive phase

Bank of Spain latest forecasts 7 June 2016

  • 2016 GDP +2.7%
  • 2017 GDP +2.3%, 2018 +2.1%

Hot on the heels of the cautionary Italian forecasts comes this more upbeat report on the Spanish economy which has certainly picked up a tailwind in recent times.

Meanwhile the euro enjoying mixed fortunes with EURUSD holding firm around 1.1360 but EURGBP falls below 0.7800 in a rush as GBP buyers return. and cable posts 1.4580 from 1.4525.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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