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Brexit could impact on Spanish GDP – IMF

The Paris-based think tank said on Monday that Brexit could lower Spanish GDP by 0.3% through next year.

The IMF also sees Spanish inflation could pick up to 1.2% this year, while he public deficit is expected at 4.5% of GDP in 2016 and 3.2% in 2017.

The IMF noted that the country needs to enhance reforms in order to tackle unemployment and low productivity.

United States Pending Home Sales (MoM) above forecasts (1.1%) in December: Actual (1.6%)

United States Pending Home Sales (MoM) above forecasts (1.1%) in December: Actual (1.6%)
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ECB to consider tapering further in late Q3 or early Q4 - BBH

Analyst at Brown Brother Harriman noted, "We suspect that the economies and prices will evolve to allow the ECB to consider tapering further in late Q
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