German factory orders unexpectedly jumped for a second month in March, suggesting Europe’s largest economy is starting to grow again.
Commerzbank AG raised its forecasts for the euro against the dollar through December 2013, saying the projected weakness in the 17-nation currency will come later than it previously forecast.
Manufacturing growth from China to the euro region and the U.S. slowed in May, adding to signs that momentum is weakening in a global economy facing headwinds from rising commodity costs and regional shocks.
German industrial production rose in December, adding to signs that Europe’s largest economy is gathering pace.
German exports rose more than economists forecast in January, adding to signs that Europe’s largest economy is gathering momentum after a contraction in the fourth quarter.
Germany’s drive to mold the rest of Europe into its economic image may come at a cost for the country’s export machine.
German investor confidence jumped more than economists forecast to a seven-month high in December on speculation Europe’s largest economy will gather momentum next year.
Growth in Europe’s services and manufacturing industries unexpectedly accelerated in July as concern over the sovereign-debt crisis eased and an increase in global trade spurred exports.
German investor confidence increased to the highest in 2 1/2 years in January, adding to signs that Europe’s largest economy may gather momentum.
The dollar rose for a third day against the yen before a U.S. report that economists said will show employers stepped up hiring last month, pointing to a recovery in the world’s biggest economy.
"Germany is finding its way back to growth very slowly."
- Ralph Solveen on May 07, 2013
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