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German IP data is key this week - TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 2, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Guatemala) - Germany September IP on Friday figure is absolutely critical in determining how big an effect choppy foreign demand is having on the euro area.

    Key Quotes:

    "We think that off-season auto plant shutdowns are the main culprit of weak August German IP, so we expect a rebound of 0.9% in September (consensus: 0.5%). Should this number disappoint, it could suggest global growth concerns are more severe than anticipated."
    For more information, read our latest forex news.

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