German Stock Exchange Boerse Stuttgart’s Digital Business Gets New Boost
Boerse Stuttgart, Germany’s second largest stock exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the […]
UK FTSE 100 Clings to Support as German Dax Battles Resistance
FTSE 100, Dax 40 Talking Points: FTSE 100 – price action unchanged around 7770. Dax 40 resilience holds above 15,100. Stocks remain firm despite rising fundamental risks Recommended by Tammy Da Costa Get Your Free Equities Forecast Stock Indices Remain in Narrow Range Ahead of Next Week’s Event Risk It’s been an uneventful week for […]
German ZEW January data underpins Euro sentiment as energy crisis risks abate
Incoming data on the German economy continues to install confidence to Euro longs. After PMI and ZEW, the positive series was updated by the Ifo report, which indicated an improvement in the prospects for the German economy. In January, the index was 90.2 against 88.6 in December and returned to the levels of mid-2022:While the […]
EUR/USD Steady Near its Multi-Month High, German Ifo Report Cheers
EUR/USD Price, Chart, and Analysis German Ifo data suggest that the economic outlook is improving The ECB – market impasse over interest rates continues. Recommended by Nick Cawley Download our new Q1 Forecast Most Read: EURUSD Latest – The Bullish Trend Remains in Place as the ECB Talks Tough The German economy is starting the […]
German Preliminary Manufacturing PMI drops to 47.0 in January vs. 47.9 expected
German Manufacturing PMI arrives at 47.0 in January vs. 47.9 expected. Services PMI in Germany jumps to 50.4 in January vs. 49.7 expected. EUR/USD erases gains near 1.0870 on mixed German PMIs. The German manufacturing sector contraction moderated in January even as inflation continues to slow, the preliminary manufacturing activity report from S&P Global/BME research […]
German ZEW Economic Sentiment Index rebounds to 16.9 in January vs. -15.5 expected
Economic sentiment in Germany and the Eurozone unexpectedly turned positive in January. EUR/USD remains unimpressed by the upbeat ZEW surveys, keeping its range around 1.0815. The German ZEW headline numbers showed that the Economic Sentiment Index returned to positive territory, arriving at 16.9 in January from -23.3 in December, beating the market expectation of -15.5. […]
Deutsche Bank revises German 2023 GDP forecast to 0% from -1.0%
You don’t need to look around markets for long to see signs that sentiment around Europe has improved and now Deutsche Bank is quantifying it. Economists there have boosted their 2023 eurozone GDP forecast to 0% from -1.0% at year end. They note that Germany performed surprisingly well in 2022, growing 1.9% despite the industrial […]
German GDP, Spanish CPI and Can Europe Avoid a Recession?
Goldman Sachs has been one of the recent major banks to upgrade its expectations for the Euro Zone for the coming year. It had previously expected the shared economy to fall into a recession in the first half of the year. Now, the forecast shows an expectation that the Euro Area will just barely avoid […]