Trading news

Expert's opinion from FXFinPro

GDP growth in Germany in 2015, according to the IFO will be 1.7%

Today, the IFO Institute stated about cut in forecasts for economic growth in Germany in 2015 by 0.2% to 1.7%. At the same time, the forecast for GDP growth in 2016 has been improved to 1.9%, against 1.85% previously. The main stimulus for growth in Europe's largest economy will be low oil prices and wage growth that will continue to support the growth of consumption in the country. The program of quantitative easing in the Eurozone and the expected decline of the euro will also positively influence the situation in the country and stock indexes. We expect the resumption of the negative dynamics of the euro amid soft monetary policy in the euro area and its tightening in the United States.

More detailed analytics you can see at our site https://fxfinpro.com/en/analytics

 

Wednesday, 09 Dec, 2015 / 3:08

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news

 

GBPUSD On Track To Settle Above 1.3700

The British pound sterling continues to keep a bullish hold. After failing to [...]

Posted on Friday, 22 Jan, 2021 / 12:08 under

Crude Holds Near Highs

The crude market saw a much quieter period of trading this week. Price [...]

Posted on Friday, 22 Jan, 2021 / 12:07 under

Biden To Push Through Stimulus Aid

Greenback Fades as Bears Take Control The US index dropped towards the 90 [...]

Posted on Friday, 22 Jan, 2021 / 12:06 under