• German trade association: Brexit to impact exports massively in the near future

Market news

29 August 2016

German trade association: Brexit to impact exports massively in the near future

  • German exports are set for stagnation, possibly as early as 2017.

  • cites global uncertainties including Brexit.

  • cuts forecast for 2016 export growth to 1.8-2.0% vs 4.5% previously.

*via forexlive

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