Bert Colijn, senior economist at ING, notes that Eurozone industrial production increased by 0.1% in September as there’s renewed optimism as to Europe’s industrial outlook. Key Quotes “Cautious growth in eurozone production for the second month in a row indicates that the downturn is moderating, but it seems too early to say we’ve definitely hit bottom. October manufacturing surveys indicate continued contraction, albeit at a milder pace.” “The September production data again confirmed that Germany remains at the epicentre of eurozone industrial weakness. Annual growth in Germany has fallen to -5.3%, far worse than the -2% in Italy and stable production in France. Spain and the Netherlands even saw a slight increase of 0.4% and 0.7% year-on-year respectively.” 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 Germany: Higher ZEW has signalled a quick end to the recession – ABN AMRO FX Street 3 years Bert Colijn, senior economist at ING, notes that Eurozone industrial production increased by 0.1% in September as there's renewed optimism as to Europe's industrial outlook. Key Quotes "Cautious growth in eurozone production for the second month in a row indicates that the downturn is moderating, but it seems too early to say we've definitely hit bottom. October manufacturing surveys indicate continued contraction, albeit at a milder pace." "The September production data again confirmed that Germany remains at the epicentre of eurozone industrial weakness. Annual growth in Germany has fallen to -5.3%, far worse than the -2% in Italy and stable… 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.
