Germany's Economy Ministry: Halt in economic expansion in Q3 is only temporary

Germany's Economy Ministry is out with a statement on the earlier Q3 GDP report, with the key headlines found below.

Economic upturn disrupted due to the car industry's emissions problem.

Says that shaved up to 0.4% off Q3 GDP.

Problems are only temporary and these "special effects" have dissipated.

Indicators for manufacturing, trade environment and overall economy underlines expansion will continue in Q4.

EUR/USD still focused on a breach of 1.1200 – UOB

The pair’s stance remains neutral while a test of the sub-1.1200 zone still remains on the cards in the short-term horizon. Key Quotes 24-hour view:
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United Kingdom PPI Core Output (MoM) n.s.a above expectations (0.2%) in October: Actual (0.3%)

United Kingdom PPI Core Output (MoM) n.s.a above expectations (0.2%) in October: Actual (0.3%)
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