FXStreet (Guatemala) – Germany September IP on Friday figure is absolutely critical in determining how big an effect choppy foreign demand is having on the euro area.
Key Quotes:
“We think that off-season auto plant shutdowns are the main culprit of weak August German IP, so we expect a rebound of 0.9% in September (consensus: 0.5%). Should this number disappoint, it could suggest global growth concerns are more severe than anticipated.”
(Market News Provided by FXstreet)