Germany's industrial production (07.00 BST) rose by just 0.2% m/m in February, hit by a sharp fall in construction output following January's weather-related surge. This is unlikely to have been repeated in March and the industrial surveys point to an improvement.
Note, too, that German factory orders rose in March. (Data published on Thursday.) Moreover, the euro's depreciation should be starting to help German manufacturers.
"Germany's industrial production is set to have risen by around 0.4% m/m in March." - Capital Economics
Commentary
Surveys point to an improvement in Germany’s industrial production
Germany's industrial production (07.00 BST) rose by just 0.2% m/m in February, hit by a sharp fall in construction output following January's weather-related surge. This is unlikely to have been repeated in March and the…
Related articles
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
U.S. personal income and spending rose less than expected in August
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
