German DIHK chambers of commerce latest report 8 Feb
- survey sees export growth of 3.0 in 2017 vs 2.0% prev f/cast
- strongest rise in expectations since 20015
Definitely a stein more than half full. Where/who are they expecting to export too at such pace exactly ?
- survey sees German GDP 1.6% in 2017 vs 1.2% prev f/cast
Meanwhile euro picking up some dip-demand again. EURUSD 1.0655 EURGBP 0.8520 EURJPY 119.55
Update 08.46 GMT:
- some protectionist fears re US
- trade with UK has already seen significant reduction
Reality check time.
