Monday , 25 November 2024
Home Forex German retail sector faces economic uncertainty, no growth in consumer spending expected
Forex

German retail sector faces economic uncertainty, no growth in consumer spending expected

Business climate in German retail clouds over, Ifo says

Full Story on PiQ Suite

The business climate in the German retail sector clouded over in September, according to an Ifo survey published on Monday.

“Consumers are unsettled about the economic policy environment. That means that no further dynamic growth in private consumer spending can be expected for the rest of 2024,”And now, a word from our quant….

This article was written by Ryan Paisey at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

ICYMI – Financial markets have become more susceptible to liquidity shortages (BIS report)

The Bank for International Settlements have published research showing fnancial markets have...

ICYMI – Cboe to launch cash-settled Bitcoin ETF options from next week

In brief from the Cboe announcement on Friday afternoon US time:The first...

US futures trade open for the new week – equity indexes up, bonds up

In early FX trade we had a gap down for the US...

FX gaps remain in early Tokyo trade

Early FX rates were posted here:Monday morning open levels - indicative forex...