Germany’s Economy Minister Peter Altmaier noted on Friday that the economy is picking up faster than many feared, as reported by Reuters. “The German  economy will grow clearly more than 4% in 2022,” Altmaier added. The German economy will, in part, be boosted by new betting regulation that legalises and regulates online gambling. A report by New Europe claims that the German betting market will be worth €3.3 billion by 2024 – a view shared by Germany’s leading wettanbieter test portal Wette.de. Market reaction These comments don’t seem to be helping the market sentiment improve. As of writing, Germany’s DAX Index was down 0.7% on the day at 15,615. Meanwhile, the EUR/USD pair clings to small recovery gains on Friday and was last seen rising 0.12% on the day at 1.1921. 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 USD/CAD marks an important trend change, potential to surge as high as 1.2639/53 – Credit Suisse FX Street 11 months Germany's Economy Minister Peter Altmaier noted on Friday that the economy is picking up faster than many feared, as reported by Reuters. "The German  economy will grow clearly more than 4% in 2022," Altmaier added. The German economy will, in part, be boosted by new betting regulation that legalises and regulates online gambling. A report by New Europe claims that the German betting market will be worth €3.3 billion by 2024 - a view shared by Germany's leading wettanbieter test portal Wette.de. Market reaction These comments don't seem to be helping the market sentiment improve. As of writing, Germany's DAX… Top 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.
