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European Economics Preview: Germany Ifo Business Confidence, GDP Data Due

Business sentiment and revised quarterly national accounts from Germany are due on Monday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany’s quarterly national accounts for the first quarter. According to initial estimate, the economy had contracted 2.2 percent sequentially, the fastest fall since the global financial crisis in 2008-09.
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