Tag: Germany

Germany October flash manufacturing PMI 45.7 vs 47.0 expected

Prior 47.8Services PMI 44.9 vs 44.7 expectedPrior 45.0Composite PMI 44.1 vs 45.3 expectedPrior 45.7The German economy sinks deeper into contraction territory to start Q4 with both the services and composite readings being at...

Scholz: Germany to extend lifetime of all three remaining nuclear power plants

Scholz has hinted at a coalition deal on this for a few weeks, so it's no big surprise. However there were some rumblings that it could be blocked. In any case, the question...

Germany expects recession spanning three quarters in a row, starting in Q3 2022

A harsh winter beckons for the German economy and the forecasts certainly underscore that. The energy crunch and soaring inflation pressures are to hit households hard, and these aren't issues that are going...

Germany 40 (DAX) Rejects Resistance as Fed Rate Hike Bets Rise

DAX (German 40) Talking PointsDax 40 rejected by Fibonacci resistance as prices fall back towards long-term psychological support holding at 12,000.Dax futures remain bound between 12,000 and 12,400, providing support and resistance for...

Mintel Reports Germany is expanding

Available 24 hours a day, Mintel's global public relations team is pleased to provide accredited journalists with access to our research, arrange interviews with our expert analysts and share the latest insights across...

Germany receives first direct gas deliveries from France to cope with energy crunch

According to the pipeline operator, GRTgaz, the flows for now will be at 31 GWh per day with the maximum capacity of the new gas link being at 100 GWh per day. What...

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