So says latest report from German economic ministry 15 March

  • climate remains good though
  • economic data points to upturn continuing

Hurrah! Beer and Bratwurst all round. As long as it's all made in Germany of course.

  • pvt consumption is losing steam somewhat according to indicators
  • US trade tariffs should be manageable for global economy but possible escalation into trade wart and growing uncertainty could cause terrible damage

Oh hang on. Hold the beer and bratwurst for the time being. Or maybe just have one.

Meanwhile euro going nowhere in a hurry still atm. EURUSD 1.2365 EURGBP 0.8858 EURJPY 131.14