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Eurozone inflation to rebound in May – Barclays

The Barclays Research Team offer a brief preview of today’s Eurozone flash CPI estimate due on the cards at 0900 GMT.

Key Quotes:

“We expect headline HICP inflation to accelerate to a low 1.8% (1.77% at 2dps) from 1.2% in April supported by energy, (unprocessed) food, and core inflation prices.”

“Excluding volatile components, we forecast underlying inflation to jump back to 1.0% (0.96% at 2dps) after plunging 0.3pp to 0.7% in April and remaining unchanged at 1.0% in March, as Easter related distortions correct.”

OECD raises UK growth forecast

The Organisation for Economic Cooperation and Development (OECD) revised higher the UK GDP forecast but warned the brexit related uncertainties could
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Asia equities rally back, Japan's Nikkei 225 back over ¥22,100.00

Asia indexes are on the mend today after falling in Wednesday's risk-off moves, with Japan's Nikkei 225 index back above 22,100.00. Risk aversion fue
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