| Videos | Channels | Search |
Germany: End of an era for Europe's powerhouse?
The German economy is slowing and the latest business confidence survey has slipped to a sixteen month low, the fifth month in a row the results have shown a decline. Mads Koefoed, Head of Macro strategy Mads Koefoed gives us his overview of the German decline and makes forward predictions: "We can use the current assessment index to gauge economic growth in Q3 (the GDP report is not released before November 14). Based on the three-month average of the IFO's current assessment index through September of 111.5 GDP is projected at around 2.4% year-on-year in Q3 compared with an actual change of 1.2% in Q2.".
04:21 minutes
Tags: dax, dax 9000, dax bull, dax bullish, dax downward trends, dax futures, dax index, dax index bearish, dax index trends, dax price, dax rally, dax record high, dax support levels, dax target, dax trading, eur, euro, euro area, euro dollar, euro zone, eurodollar, europa, europe, european, european central bank, european economy, eurozona, eurozone, eurozone crisis, eurusd, fx, fx market, fx markets, fx options, fx strategy, fx trade, fx trade idea, fx trading, german, german bonds, german bunds, german business confidence, german cable operator, german cars, german coaltion, german dax, german domestic demand, german economic data, german economy, german election, german elections, german exports, german failure, german gdp, german growth, german ifo, german imports, german index, german industry, german inflation, german investor sentiment, german manufacturing, german polls, german shares, german stocks, german trade surplus, german utilities, german zew, germaneconomy, germany, germany dax index, germany economy, germany elections, germany eurozone, germany gdp, germany ifo, germany polls, germany vision, germanys dax index, macro, macro economics, macro economy, macro economy us, macro event, macro outlook, macro policy, macro strategy, macroeconomics, mads koefoed, saxo, saxo bank, saxo bank saxo tv, saxo bank trading floor, saxo capital markets, saxo tv, saxo tv saxo bank, saxobank, saxotv, tradingfloor.com