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Germany: Industrial production likely to print 0.3% reading for April – TDS

Analysts at TDS suggest that German industrial production data will be a key economic release for today’s session.

Key Quotes

“We had initially seen upside risk to today’s German IP data with a 0.6% gain for April. But after a softer factory orders report yesterday our conviction has waned, and an on-consensus 0.3% reading looks more likely.”

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