Market Overview

20 February 2019 09:10

Maria Gregoriou

The rise of 2.6 percent in producer prices for industrial products in January 2019 as compared to January 2018 in the German market, as revealed by the Federal Statistical Office of Germany, may be a positive sign for the Euro. The report went on to say that compared with December 2018, the overall index increased by 0.4 percent in January 2019. Comparing the price indices of all main industrial groups from January 2018 to January 2019, the report shows an increase in prices. Specifically, energy prices rose by 7.2 percent.
Market Focus
  • Swiss government raises 2019 GDP growth forecast to 0.9% from 0.8% previously
  • Fed keeps rates on hold, points to 'favourable' economic outlook next year
  • German consumer price growth stabilised in November
  • French consumer prices rose by 0.1% in November, as expected

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