Latest Bundesbank monthly bulletin now published 19 Feb
- burgeoning industrial orders and persistent positive econ sentiment to ensure rapid growth continues
- recent rise in fwd rates partially due to ECB Minutes from Dec meeting
- Germany's economy is booming
- conditions for pvt consumption remain favourable
- industrial sector probably the driving force behind the economic upturn
- expects the German economy to expand by 1.9% in 2019 and by 1.5% in 2020.
Hurrah, bratwurst and beer all round.
EURUSD currently 1.2414 after 1.2388 session lows as a little USD supply returns. EURGBP 0.8853 still going nowhere in a hurry as is EURJPY at 132.25
More from the BUBA here
