Germany's industrial production data rebounds in August – TD Securities

Market news

8 October 2019

Germany's industrial production data rebounds in August – TD Securities

Analysts at TD Securities note that German industrial production rebounded by 0.3% m/m in August.

“It was better than the contraction consensus was looking for but not as strong of a rebound as the shipments data was suggesting, even with the positive revisions to July. Given the early indicators are pointing to a further mild contraction in the September data, this does not change the picture for the ECB.”

Canada’s housing starts down 2.5 percent m-o-m in September

Canada: Housing Starts, September 221.2 (forecast 214.5)

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