IFO Institute out with latest forecasts 20 June
- 2017 1.8% vs 1.5% prev
- 2018 2.05 vs 1.85 prev
Since start of 2017 political risks linked to Brexit and Trump have decreased.
Really? Good luck on that glass half-full stance.
- sees ECB starting to exit bond-buying programme next year as EZ recovery firms up
Meanwhile EURUSD trading 1.1140-60 contained by large option expiries and EURGBP still testing 0.8800. More offers/res nearby to help cap.
