Bundesbank’s monthly report: the German economy is likely to continue to expand in the second half of the year

Market news

21 September 2015

Bundesbank’s monthly report: the German economy is likely to continue to expand in the second half of the year

The Bundesbank released its monthly report on Monday. The bank said that the German economy is likely to continue to expand in the second half of the year due to an increase in domestic consumption and exports.

Household spending benefited from low oil and energy prices, according to the Bundesbank.

The lender noted that the high number of refugees is expected to have an impact on Germany's labour market.

Canada: Wholesale Sales, m/m, July 0.0%

Foreign exchange market. European session: the euro traded lower against the U.S. dollar after the negative economic data from the Eurozone

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