In recent months, both survey and hard data have been pointing to slowing growth in Germany, according to analysts at BNP Paribas. Key Quotes “In June, the IFO climate index declined again, as companies reported a further deterioration of the actual business situation. However, signs of stabilisation can be observed.” “In June, the PMI composite index of manufacturing and services actually strengthened more than expected. Nevertheless, the risks remain elevated as the German car industry is a possible target in the US-EU trade conflict.” “Consumers are shrugging of these geo-political worries and the strong rise in consumer prices, largely due to petrol prices. They are more concentrating on the good labour market situation and substantial gains in purchasing power following recent generous pay deals.” 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 Quitting EU could hit UK households by up to GBP 960 a year – Report FX Street 5 years In recent months, both survey and hard data have been pointing to slowing growth in Germany, according to analysts at BNP Paribas. Key Quotes "In June, the IFO climate index declined again, as companies reported a further deterioration of the actual business situation. However, signs of stabilisation can be observed." "In June, the PMI composite index of manufacturing and services actually strengthened more than expected. Nevertheless, the risks remain elevated as the German car industry is a possible target in the US-EU trade conflict." "Consumers are shrugging of these geo-political worries and the strong rise in consumer prices, largely due… 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.
