Industry keeps powering German surge

Industry keeps powering German surge

Surge in Germany, the EU’s number one economy, managed to hold up at a high level during the third quarter, powered by firm industrial orders even as construction activity stabilized and private consumption went down, as the Bundesbank reported in a monthly report.

Industry, underpinned by firm export demand, will probably to retain its role as a major pillar of a strengthening economy, as he key bank told on Monday. The financial institution added  that the order situation of industrial companies turns to be perfect.

Germany, which boasts the lowest jobless rate in the euro zone, has greatly progressed in 2017, raising confidence across the EU and giving the ECB the biggest reason to tame extraordinary stimulus.

In the quarter car manufacturing happens to have overleapt a rough patch, and orders, especially from outside the euro zone, were good, as the report revealed.

On the other hand, construction most likely didn’t contribute to overall surge, maintaining a high level of output, while mediocre retail sales hint that consumption probably slumped.




Japan February export surge is caught speeding down

In February, Japan's exports tacked on at a slower tempo than in January because of the timing of the Lunar New Year holiday, although their upward trend’s supposed to stay unchanged with steady external demand, as a Reuters survey disclosed on Friday…


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…

promotions you can be interested in

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera