Germany’s Economy Minister Peter Altmaier said on Thursday that he expects the German government to revise up its 2021 GDP growth forecast significantly from 3%, as reported by Reuters. “We’ll not only be able to stop the economic slump this year but we can reverse it and regain our old strength next year,” Altmaier added. On Wednesday, Reuters reported that Germany’s economic institutes will revise their forecast for 2021 economic growth lower to 3.7% from 4.7% amid longer-than-expected coronavirus restrictions. Market reaction Germany’s DAX 30 Index edged modestly higher following these comments and was last seen gaining 0.25% on the day at 15,245. 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 US Dollar Index needs to hold 91.30 to keep Q2 upside hopes alive – Westpac FX Street 2 years Germany's Economy Minister Peter Altmaier said on Thursday that he expects the German government to revise up its 2021 GDP growth forecast significantly from 3%, as reported by Reuters. "We'll not only be able to stop the economic slump this year but we can reverse it and regain our old strength next year," Altmaier added. On Wednesday, Reuters reported that Germany's economic institutes will revise their forecast for 2021 economic growth lower to 3.7% from 4.7% amid longer-than-expected coronavirus restrictions. Market reaction Germany's DAX 30 Index edged modestly higher following these comments and was last seen gaining 0.25% on the… 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.
