Saxo Group Videos

Germany in decline? Think again!

The German economy is doing just fine; that's the opinion of Saxo Bank's Head of Macro Strategy, Mads Koefoed. And that's backed up by figures this Wednesday that consumer confidence in the country has hit a thirteen year high.

Figures early this month showed that German GDP had slipped to 0.3% for Q1. Mads says he's confident that reading was just a blip and other indicators suggest a rebound later this year. He's particularly positive about the auto sector and tells us why Daimler and VW remain in his equity portfolio.

01:57 minutes
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