Early this morning, the two Christian-democratic parties (CDU and CSU) and the social-democratic SPD reached a final coalition deal. Details of the deal will only be presented later today. Up to now, the only settlementsContinue reading
Tag: Carsten Brzeski
German Growth ‘Normalisation’… Whatever That Might Look Like
Back to normal. After a strong second quarter, the German economy has returned to its potential growth rate in the third quarter. According to the first estimate of the German statistical office, the economy grewContinue reading
The ECB Preview, Going In Circles
Last week’s data has given rise to renewed speculation about further ECB action. Headline inflation below 1% and unemployment above 12% have fueled market speculation that the ECB could cut rates at this week’s meeting.Continue reading
Keep A Spy On The Economy – German Ifo Drops, But Outlook ‘Stable’
Shocked by the slowdown? Germany’s most prominent leading indicator, the Ifo index, dropped in October to107.4 from 107.7. While the current assessment component fell 103.6, from 104.2, expectations remained almost stable. The German economy remainsContinue reading
