Out just now from the VDMA engineering union Coupled with lower PMI and Italian unemployment it’s helped put a cap on the euro for the moment at least. Better employment figures provided some small comfort on the German data prior … Continue reading
Fin min answering students’ questions in Berlin. Bbg reporting Greece is making progress, economy is working better risks from German guarantees for Greece acceptable Greece no longer a threat for the euro
Says Q2 growth will be significantly lower after Q1 surge Sees substantial strengthening in German growth Q1 growth reinforced temporarily by positive weather effects Momentum of growth in Q4 2013 should have exceeded reported seasonally adjusted rate of 0.4% In … Continue reading
Germany’s fin min out on reuters a few moments ago. I reckon they can afford it eh?
-0.1% prev y/y -0.9% vs -0.9% exp vs -1.1% prev EURUSD 1.3832 still
Prior 55.7 Current conditions 51.3 vs 52.0 exp. Prior 50.0 Zew Furst says Crimea weighing on economic expectations but the German upswing not currently at risk. Crimea crisis plays a very important part in indicator decline Uncertainty surrounding Ukraine crisis is … Continue reading