FXStreet (Guatemala) – Analysts at TD Securities noted the Germany September Industrial Production coming up on 6th Nov.
Key Quotes:
“September’s IP figure is absolutely critical in determining how big an effect choppy foreign demand is having on the euro area. We think that off-season auto plant shutdowns are the main culprit of weak August German IP, so expect a rebound of 0.9% in September (markets: 0.5%). Should this number disappoint, it could suggest global growth concerns are more severe than anticipated.”
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