Reply To: Traders Market Weekly: Summer, Manufacturing, Jobs and Debt Ceiling

25 May '23 at 8:28 am #59169
Truman
Participant

Germany officially entered recession after Q1 GDP was revised to show a contraction of 0.3% after a 0.5% contraction in Q4.

Germany’s Q1 GDP -0.3% qtr/qtr (expected -0.1%; last -0.4%); -0.2% yr/yr (expected 0.2%; last 0.3%).
June GfK Consumer Climate -24.2 (expected -24.0; last -25.8)