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Moody's Cuts India's Growth Forecast to 7.3% for 2018

Ratings agency Moody's has revised lower India's economic growth forecast to 7.3% for 2018 from 7.5% projected earlier.

"Higher oil prices and tighter financial conditions will weigh on the pace of acceleration, " Moody's said in its Global Macro Outlook: 2018-19 May.

Meanwhile, it expects China's economy to expand 6.6 percent in 2018 and 6.4 percent in 2018. 

US: Advance goods trade balance down to $68.2bn in April – Nomura

Analysts at Nomura note that the US advance estimate of the goods trade deficit was $68.2bn in April (Nomura: $69.8bn, Consensus: $71.0bn), down $0.4b
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Eurozone: the May inflation rate may spring a surprise - Commerzbank

Analysts at Commerzbank provides a detailed preview of what to expect from the Eurozone flash CPI report slated for release later on Thursday at 0900
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