Biden Unveils $1.9tn Aid Package
Jobless Numbers Spike The dollar had a choppy session on Thursday. However, it [...]
Trading news
Germany, last year, invested more on tangible assets
Germany, last year, invested in tangible assets 3.5 percent more compared to the previous year, around $64.1 billion or 59.8 billion euros, the Federal Statistics Office said today.
Germany depends on domestic demand
The two key factors that supported such investment were the rise in real wages and the low-interest rates. The German economy heavily depends on domestic demand to boost foreign trade.
Germany is running at a surplus, but the nation needs to boost its private investment, while in the meantime Angela Merkel aims to support the nation's public infrastructure. The investment in the nation reached the 60 billion euros for 2018.
Furthermore, the Brexit outcome had a significant impact on the economy that grew at a slower pace in Q3.
Moreover, last year's biggest appreciation came from the plastics and rubber industries which escalated to 3.4 billion euros, reporting a rise of 16.4%.
Read More
Wednesday, 16 Nov, 2016 / 10:01
Trading news
Muted Moves In Metals Following Heavy Sell-Off
Gold Following the volatility last week as gold sold off in response to the [...]
Biden’s $1.9 trillion stimulus plan sparks profit-taking
Stock markets drift lower as Biden’s relief plan raises [...]
