Europe's growth engine is sputtering

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 8, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Europe’s growth engine is sputtering by Ipek Ozkardeskaya Germany woke up to a grey sky this morning. Its exports slumped by a significant 5.2% in month of August. The slowdown in China, which stands for 10% of German exports, is dangerously creeping in. Rising euro is also pulling away some support from German products in terms of price competitively. At a time when German companies are also suffering from reputational risk following the Volkswagen scandal. European investors are talking

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