Germany's DIHK raise 2018 GDP forecast to 2.7% vs 2.2% prev

Germany's Chamber of Commerce out with latest thoughts 7 Feb

  • 600k new jobs to be created this year
  • business morale at record high
  • companies hike investment plans at unprecedented pace as many reach capacity
  • 6/10 companies see lack of skilled labour as a threat

Upbeat report but understandably with a little caution.

Meanwhile EURUSD 1.2370 from 1.2400 with EURJPY supply weighing.

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