Technical Analysis

Bundesbank says German economy likely stagnated in Q4

  • Recent indicators have been better than expected
  • Q4 GDP likely to have roughly stagnated, exceeding earlier expectations
  • Stress on energy markets is easing and supply chain bottlenecks are slowly dissipating

That’s a positive nod but we’ll see how the first look into the numbers play out when they are released on 31 January. A positive surprise, which some economists are even predicting, will be an optimistic boost for the euro.

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