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      German IFO expectations expected to decline – Danske Bank

      FXStreet (Delhi) – Research Team at Danske Bank, expect the German Ifo expectations to decline in line with the German PMI and ZEW figure.

      Key Quotes

      “But if the decline is modest like the PMI's, it suggests that the latest weakness is mainly in the financial sector, which might reduce some of the growth concerns. However, we expect the euro area PMI to weaken further.”

      Norges Bank could cut rates today – Danske Bank

      Senior Analyst at Danske Bank Christin Tuxen has reiterated the Nordic central bank could lower its benchmark rate at today’s meeting...
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      WTI consolidates below $ 45, awaits US data

      WTI oil on NYMEX corrected higher on Thursday, after witnessing two back-to-back sessions of losses on mixed US inventory reports.
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