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.

Read More

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

Trading news

 

USD/JPY Breaks Through Key Resistance To 7-Month Highs

Mystery virus poses a threat to the Chinese economy and the Phase One trade [...]

Posted on Wednesday, 22 Jan, 2020 / 12:35 under

Don’t fear the virus; BoC rate decision in sight

  BoC to stay on hold, but any hints of concern might elicit sharp [...]

Posted on Wednesday, 22 Jan, 2020 / 9:46 under

Pound Gains on Jobs Data, Awaits PMIs; BoC Decision in the Spotlight

Asian equities rebounded today after China’s National Health Commission [...]

Posted on Wednesday, 22 Jan, 2020 / 8:36 under