Latest monthly bulletin from the Bundesbank 21 Aug
- sees strong economic momentum in summer months
- expansion fuelled by industry, exports and consumption
- German core inflation to pick up in coming months
- strengthening euro damping price pressures
- 2017 GDP growth may exceed June forecast
Bullish tones from the BUBA but EURUSD still trawling around 1.1745 and EURGBP 0.9120 with EURJPY also tightly bound at 128.05
Full bulletin here (in German as no English translation offered for this on BUBA website as yet)
German Bundesbank in bullish mood
