Trading news

Germany’s growth at its highest level

Germany's growth reached its strongest level within a period of two years, commencing 2016, amid the increase in construction and consumption, despite the risks of a probable Brexit and weaker trade, today's data showed.

Germany's GDP growth 0.7% higher

Furthermore, among the factors that led to Germany's 0.7% GDP growth were the rise in spending on migrants and the super low-interest rates.

Sweden

Sweden's rate of unemployment dropped from 7.7% to 7.3% while the economists estimated stabilization.

United Kingdom

U.K's public sector net borrowing climbed from 6.11B to 6.58B while the economists and the analysts predicted appreciation to 5.80B.

The CBI realized trades rose from -13 to 7. The analysts predicted the indicator to appreciate to 7.

Euro zone

Euro zone's ZEW economic sentiment fell from 21.5 to 16.8 whereas the analysts forecasted a rise to 23.4.

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Tuesday, 24 May, 2016 / 2:24

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-s-growth-at-its-highest-level

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