German finance ministry expects growth swing to continue - Reuters

Joshua Gibson FXStreet

The German Finance Ministry's latest monthly report shows incredibly bullish expectations; details via Reuters.

Key highlights:

German economy being boosted by an increase in domestic consumer demand.
Growing internal demand being driven by strong employment, rising wages, low borrowing costs.
Export demand also rising.
Exports and company investment additional growth drivers.
Foreign demand for German manufacturing equipment, machinery ticking up as well.

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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