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Deutsche Bank sees strong rebound in Germany after unprecedented 10.1% GDP contraction in Q2. Expects 5% increase in Q3 followed by +2% in Q4 (consensus: 5.2% & 2.4%). Assumes that vaccine will be widely available by mid-2021. Expects German 2020 GDP to contract 6.4%, +4% in 2021. #EconomicCalendar# #GermanyGDP#

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can it effect Eur pair as well based on this statistic?

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