The ECB brings an opportunity to the EUR traders
The European central bank will conduct its press conference on January 24 at 15:30 MT time.
German exports will ride revival tide in America, EU and China
In 2018, German exports and imports are expected to reach record maximums, as the BGA trade association informed on Tuesday. The BGA added that companies in Europe's number one economy will keep deriving benefits of a recovery in America, China and the European Union.
German exports are expected to ascend by 5% in 2018 to reach a record peak of 1.3 trillion euros. As for imports, they will most likely tack on by 7% hitting a record high of 1.1 trillion euros.
The trade projections appear to be another confirmation that reviving exports will contribute to an expansion in 2018 that the Ifo economic institute actually estimates at about 2.6%. Obviously, trade is going to add more impetus to the German economy that has been ascending due to state spending as well as private consumption.
By the way, the BGA considers protectionist trade policies of American President Donald Trump to be a threat to the free commerce order ruled by the World Trade Organization.
Similar
American home sales reach three-year minimum
In December, American home sales slipped to their lowest value for three years…
UK pay surge reaches fresh 10-year maximum as employment jumps
UK employees’ pay surge reached another 10-year maximum and employment rallied by much more than anticipated for the three months to the end of November due to the fact that the UK labor market was still firm notwithstanding other signs of an economic…
Latest news
Weekly CryptoNews
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
Most Asian stocks post strong revenues with Nikkei rising more than 2%
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan real wages surge is slowest in almost two years
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
Deposit with your local payment systems
