Fate of German Economy Depends on Trade Uncertainties - Forex News by FX Leaders
German economy

Fate of German Economy Depends on Trade Uncertainties

Posted Wednesday, May 15, 2019 by
Arslan Butt • 1 min read

Although the German economy moved out of stagnation and managed to grow at 0.7% in Q1 2019, its economic growth is only sustainable if trade-related uncertainty abates from the markets. German GDP had posted a 0.4% increase in Q1 2019, as data released earlier today showed.

However, the Economic Ministry cautions that the German economy is not yet in the clear and continues to remain in a weak phase. To come out of this phase, external factors, especially because of trade conflicts, need to be resolved.

The monthly report released earlier today by the Economic Ministry also expects exports and industrial production to remain subdued in the near future.

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies

About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
Related Articles
A few days ago, we discussed the progress US and Turkey had made on trade, and it looks like Japan is next.
16 hours ago
Comments

Leave a Reply

avatar
  Subscribe  
Notify of