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ECB's Mersch: Euro-zone slowdown broadly in line with expectations

ECB governing council member Yves Mersch was out with some comments in the last hour, trying to offset Mario Draghi's overnight dovish comments, and said that the recent slowdown in the region’s economic activity was broadly in line with expectations. 

Economic fundamentals remain unchanged and a slowdown does not mean that the economy is falling into recession, Mersch added further.

Germany Consumer Price Index (YoY) in line with forecasts (1.7%) in December

Germany Consumer Price Index (YoY) in line with forecasts (1.7%) in December
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JPY futures: rangebound trading expected to continue

CME Group’s flash data for JPY futures markets noted open interest dropped by just 339 contracts on Tuesday from Monday’s final 230,051 contracts. Vol
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