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Germany’s DIHK ups 2018 growth forecast to 2.7% vs. 2.2% previous

Germany's Chamber of Commerce and Industry (DIHK) published its German growth forecasts for 2018 last hour, with the key headlines found below.

Raises 2018 growth forecast for the German economy to 2.7% from 2.2% previous.

600k new jobs to be created this year.

Business morale at a record high.

Companies hike investment plans at an unprecedented pace as many reach capacity.

6/10 companies see lack of skilled labor as a threat.

GBP futures: scope for extra pullbacks

Investors have scaled back their open interest positions in GBP futures markets by almost 11.6K contracts on Tuesday vs. Monday’s final 228,212 contra
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USD/JPY stays supported in the 108.27/107.32 band – Commerzbank

USD/JPY should remain well supported in the 108.27/107.32 band, noted Karen Jones, Head of FICC Technical Analysis at Commerzbank. Key Quotes “USD/J
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