Germany’s Lindner: GDP data have shown surprisingly negative signals

Market news

25 May 2023

Germany’s Lindner: GDP data have shown surprisingly negative signals

German Finance Minister Christian Lindner said on Thursday, “GDP data have shown surprisingly negative signals.”

“Weak economic dynamics are a task for politicians,” he added.

Also read: German final Gross Domestic Product revised down to 0.3% contraction QoQ in Q1

Market reaction

The Euro is struggling near monthly troughs following the discouraging German data. The EUR/USD pair is losing 0.26% on the day to trade at 1.0723, as of writing.

Currencies. Daily history for Thursday, May 25, 2023

Commodities. Daily history for Wednesday, May 24, 2023

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