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Economists are hailing today’s rise in German factory orders, and while the 1.3% monthly increase was "solid," Oliver Rakau of Oxford Economics said it may not prevent the economy falling into recession (we'll get those figures on Nov. 14). More news on: Invesco CurrencyShares Eur...
As I stare across the Pond, I am troubled by what I see. In my opinion, the situation in the EU is deteriorating. The governments there, of course, will tell you that everything is just fine and it is all a case of some minor squabbles. I am not buying this concept and I am becoming increasing...
German industrial output rose unexpectedly in August, providing a shimmer of hope that an expected contraction in Europe's largest economy in Q3 would not be steep. More news on: iShares MSCI Germany ETF, Global X Funds - Global X DAX Germany ETF, New Germany Fund, Global news and forex,...
German factory orders We've the numbers for August factory orders in Germany. Not good news; they're now down 6.7% year on year vs. a decline of only 5% the previous month. We can also look at these numbers on a monthly basis and see that they're down 0.6% when the expectation was only for...
German factory data was in focus overnight after a weak reading last month gave weight to concerns that Europe’s biggest economy was teetering toward recession. More news on: iShares MSCI Germany ETF, Global X Funds - Global X DAX Germany ETF, New Germany Fund, News on ETFs, Global ...
September 30, 2019 - As long as the German economy was doing well, as it was during the recovery from the 2008 global financial crisis, there existed a coherent rationale for German fiscal austerity. The national commitment to budget discipline was enshrined in the 2009 "debt brake," which l...
By Seema Shah, Chief Strategist, Principal Global Investors Germany has had a shocker of a year. As one of the most open of large economies, Germany is particularly exposed to global economic shocks (exports account for around 40% of GDP). This is especially the case when three of its top ...
The final reading of Purchasing Managers Index manufacturing data for the euro zone came in at 45.7 for September. While the reading was 0.1 higher than the flash estimate, it's still the lowest level recorded for a month since October 2012. More news on: iShares MSCI Germany ETF, Global...
By Carsten Brzeski, Chief Economist ING Germany The increase in today's Ifo index is too little to take away fears of a further downward slide of the economy. Anyone looking for a bit of shiver these days only needs to take a look at German macro data - a series of horrific macro ...
Germany's factory activity has slowed to levels last seen during the global financial crisis as the country's manufacturing PMI tumbled to 41.4 in September, from 43.5 the previous month. More news on: Invesco CurrencyShares Euro Trust ETF, iShares MSCI Germany ETF, ProShares UltraShort ...