Forex traders will get key inflation data out of the Eurozone today which is expected to show inflationary pressures remain absent. Some analysts question how long it will take the ECB to announce more stimulus as the Eurozone economy is cooling fast and with the US Fed poised to cut interest rates in the second-half of 2019. The Eurozone trade surplus is expected to shrink as a result of the global economic slowdown and today’s ZEW Survey is anticipated to show further deterioration in expectations.
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