Thailand Inflation Remains Negative for 10th Straight Month in January 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
In a latest forecast presented by Economy Minister Sigmar Gabriel to Chancellor Angela Merkel's cabinet on Wednesday, the German government left its 2017 forecast for economic growth unchanged at 1.4 percent despite uncertainties surrounding the policies of U.S. President Donald Trump. Export growth forecast for 2017 was raised to 2.8 percent from a previous estimate of 2.1 percent.
Germany’s economy grew strongly in 2016, propelled by a buoyant labor market and a pickup in government spending. Europe's largest economy expanded at the fastest pace in five years in 2016, growing by 1.9 percent.
However, in October the government had lowered its 2017 forecast from 1.5 percent to 1.4 percent. In November, the government's panel of economic advisers lowered forecast to 1.3 percent from a previous estimate of 1.6 percent.
German Ifo business climate index fell unexpectedly in January and the outlook has become more uncertain. Federal elections in germany are scheduled to take place on 24 September. Increased investor concerns over political cohesion could have a significant adverse impact on the real economy. Polls indicate that Chancellor Merkel’s CDU/CSU will probably come out as the strongest party while there could be a race between social democrats (SPD) and the euro-sceptic AfD for the second place.
