On Thursday, the German Finance Ministry, in its monthly report, highlighted the risks of global economic slowdown and ongoing trade war while expecting the country’s exports to stabilize by end-Q3 2019, per Reuters.
Key Findings:
“Export activity regained some momentum toward the end of the third quarter.”
“Given the weakening global economic momentum and persistent external risks (for trade), exports are likely to continue to develop only moderately.”
“Record-high employment and rising wages continue to support private consumption and construction in Germany while state spending is giving the economy an additional push.”
- EUR/USD technical analysis: 50% Fib capping upside, bearish hammer on D1
作者：Dhwani Mehta，文章来源FXStreet，版权归原作者所有，如有侵权请联系本人删除。
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