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German FinMin: We reject euro onds and mutualisation of debt

German Finance Ministry spokesperson crossed the wires via LiveSquawk, saying that Germany would reject euro bonds and mutualisation of debt.

Key quotes:

  • At time of Brexit, the further development of the EU as a whole is important, don't want other ins or outs
  • Asked about EU plans for joint budget, bonds
  • Germany to send cohesion fund proposal to commission

Canada: Strengthening growth, falling inflation - Scotiabank

Derek Holt, VP & Head of Capital Markets Economics at Scotiabank, estimates Canada’s 0.4% m/m GDP growth in March and just under 5% growth in Q1 over
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Canada: GDP is expected to bounce back – BMO CM

Benjamin Reitzes, Canadian Rates &  Macro Strategist at BMO Capital Markets, explains that Canada’s March GDP is expected to bounce back after growth
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