come as a relief to many after Germany - the backbone of Europe - barely grew. Loans to the private sector fell -1.6 - analysts note that this shows how the "transmission mechanism within the euro framework is still broken." Money is not flowing freely and there is not enough. However, the British Isles economic output remains -3.3 below its pre-crisis peak and output has grown only.1 since the coalition government came to power three years ago. No word yet if many forex traders have, but the good news is they now have a plethora of data to sift through following the European session this morning. Let's hope that the month us forex brokers comparison of August does not shut down entirely. Data was decent (more bullish Purchasing Managers Indexes expected) and the Eurozone data still has some soft spots (loans, and M3). January - February.1564.4557.2429 March.1269.4074.2648 January - March.1462.4390.2505 Methodological comments: Methodological comments to calculation of indicators are given in section 7 Methodological notes to the tables of the Bulletin of Banking Statistics. Economic output was.4 higher compared to the same period of last year - the data was very much in line with consensus.
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