• Prior -0.4%
• Non-seasonally adjusted GDP +0.2% vs +0.8% y/y anticipated
• Prior +0.3%
• Working day adjusted GDP -0.1% vs +0.3% y/y anticipated
• Prior +0.9%

That is a relatively disappointing report because the German financial system barely escapes a recession and the headline right here is weighing on the euro. Lawmakers had been fairly sure that the financial system held up in Q1 so this can be a poor reflection of confidence by all accounts. EUR/USD is falling again beneath 1.1000 to contemporary session lows of 1.0985 now.