Tag Archives: Germany

Germany’s 10-year yield fell 7.5 basis points to 2.272%, marking its biggest biweekly fall since mid-March. The US economy added more jobs than expected last month, dampening expectations for rate cuts from the Federal Reserve early next year. The Labour Department reported that non-farm payrolls rose by 199,000 in November, …

Although it recovered somewhat from monthly lows, the US Dollar Index (DXY) was still under pressure. In the third quarter, the US economy grew at an annualized rate of 5.2%, which was higher than the previous estimate of 4.9%. The US will release important data on Thursday, such as the …

Concerns regarding Germany’s recovery, which is anticipated to be challenging, are growing. Due to a combination of rising interest rates, weak global orders, and high energy costs, Germany’s economy has been among the weakest in Europe this year.Given a combination of rising interest rates, weak global orders, and high energy …

The US dollar has experienced its worst week since July 2023, with negative momentum dominating the market. Next week will be shorter in the US due to Thanksgiving. US – China Talks US President Joe Biden and Chinese counterpart Xi Jinping had a positive conversation about climate change and improving …

Data showed on Monday that the German economy recorded a slight contraction in the third quarter, as the performance of the largest economy in Europe is still affected by weak purchasing power and high interest rates. The Federal Statistics Office said that the gross domestic product fell 0.1 percent on …

Deutsche Bank’s profits fell by about 8% in the third quarter of this year, but less than expectations. The German bank said in a statement today, Wednesday, October 25, that it recorded net profits of 1.03 billion euros ($1.06 billion), which exceeds expectations of 997 million euros. On the other …

The US jobs report on Friday will be a major factor in determining the direction of the US dollar. There will be a 170,000 increase in nonfarm payrolls, and the unemployment rate will drop from 3.8% to 3.7%. A strong report might support the Dollar’s recovery, while weak numbers, consistent …

The US dollar’s rally and the drop in equity prices continue to be in the spotlight. The New Zealand NZD Business Confidence survey and Australian retail sales are two important readings to be watched during the Asian session. Later, attention will turn to Spain’s and Germany’s early September inflation data. …

The main German IFO Business Climate Index fell to 85.7 in September, down from 85.8 in August. This number was slightly higher than the market forecast of 85.2. The Current Economic Assessment fell to 88.7 from 89.0 in the same time, but the Expectations Index, which measures firms’ expectations for …

Producer prices in Germany recorded their biggest year-on-year decline in August since data collection began in 1949, raising hopes that inflation will continue to ease in Europe’s largest economy. The Federal Statistics Office reported on Wednesday that producer prices fell by 12.6 percent year-on-year. Analysts polled by Reuters had expected …