
Representatives from 15 oil-rich nations attend OPEC meetings. They discuss a range of issues regarding energy markets and, most importantly, agree on how much oil they will produce.
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.
Representatives from 15 oil-rich nations attend OPEC meetings. They discuss a range of issues regarding energy markets and, most importantly, agree on how much oil they will produce.
On April 22, 2022, from 10:15 to 11:00 MT time, the Markit will release German and French flash services and manufacturing PMI.
The ECB will publish the Monetary Policy statement on Thursday, April 14, at 14:45 MT (GMT+3).
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
The US PPI will come out on Thursday, May 12, at 15:30 MT time.
The US CPI will come out on Wednesday, May 11, at 15:30 MT time (GMT+3).
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