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

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

Source : https://www.argusfx.com/en/research-education/market-analysis/news/germany-last-year-invested-more-on-tangible-assets

Trading news

 

Dollar firms, stocks slip amid US stimulus doubts

  Talks on US stimulus package continue but deal in doubt after [...]

Posted on Thursday, 22 Oct, 2020 / 9:34 under

Up to the US Elections Results

The US economy has recovered modestly in the third quarter thanks to [...]

Posted on Thursday, 22 Oct, 2020 / 9:18 under

OIL dropped 2.5% after excess supply – US OIL Market Outlook – 22/10/2020

WTI Crude dropped by more than 2.50%, hitting our short entry support targets, [...]

Posted on Thursday, 22 Oct, 2020 / 7:55 under