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Germany: Industrial Production likely to gain by 0.1% in April – TDS

According to analysts at TD Securities German industrial production for April is going to be a key economic release for today’s European session.

Key Quotes

“German IP for April is released, and we look for modest upside surprise of +0.1% m/m (mkt: -0.5%), reinforced in part by Tuesday’s factory orders data where underlying components supported roughly no change in manufacturing.”

“At 12:30 BST President Draghi hosts a dialogue with youth at the ECB.”

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