Germany’s central bank, Bundesbank (Buba) sounded optimistic about the German economic growth for the second quarter of this year, in its monthly economic report published on Monday. Key Highlights: “The economy has likely showed better momentum in the spring than at the start of the year.” “Although it is unlikely that the high growth rates of the past year will be repeated, manufacturing was once again the key economic driving force.” Household consumption remained a cornerstone of growth while government consumption, which dipped in the early part of the year. “Last but not least, activity in the booming construction sector likely increased significantly, despite capacity constraints.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Brazil: Focus on politics, with macro releases on the back burner – Rabobank FX Street 5 years Germany's central bank, Bundesbank (Buba) sounded optimistic about the German economic growth for the second quarter of this year, in its monthly economic report published on Monday. Key Highlights: "The economy has likely showed better momentum in the spring than at the start of the year." "Although it is unlikely that the high growth rates of the past year will be repeated, manufacturing was once again the key economic driving force." Household consumption remained a cornerstone of growth while government consumption, which dipped in the early part of the year. "Last but not least, activity in the booming construction sector… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
