According to Reuters, German economic advisers in a recently published report announced that they cut the 2019 growth forecast to 0.8% from 1.5% in November. Advisers see 2020 growth at 1.7%. Key quotes German economic growth has slowed considerably but recession in Germany is unlikely currently given strong domestic economy. German economic advisers point to risks from German economy from uncertain Brexit outcome, trade conflicts and danger of a stronger than expected slowdown in China. Given weakening economic momentum, a spiral of protectionist measures would have the potential to push Germany into a recession. 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 EUR/USD recedes to 1.1350 post-ZEW FX Street 4 years According to Reuters, German economic advisers in a recently published report announced that they cut the 2019 growth forecast to 0.8% from 1.5% in November. Advisers see 2020 growth at 1.7%. Key quotes German economic growth has slowed considerably but recession in Germany is unlikely currently given strong domestic economy. German economic advisers point to risks from German economy from uncertain Brexit outcome, trade conflicts and danger of a stronger than expected slowdown in China. Given weakening economic momentum, a spiral of protectionist measures would have the potential to push Germany into a recession. 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.
