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German data: some good news, some bad news

German data: some good news, some bad news

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Giles Coghlan
08/05/2018 | 06:34 GMT

Good and bad news

Bloomberg out with an article. The good news for euro bulls is:

the bad news:

They refer to Peter Praet stating that Q1 slowdown is temporary, so the ECB really want to see these weak numbers turnaround in Q2

Jury very much still out on the situation for Europe. Q2 is going to be in the spotlight. Look to the Q2 data for fresh euro moves...

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