Europe Ahead: German Current Account and UK Trade Balance |
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All around the world we see that as a result of the ongoing economic recession, government and central banks had to apply measures that have not been used in a while to stimulate economic growth by boosting spending levels to increase overseas and domestic demand. First on our calendars, is Germany's current account for December in which expectations show will narrow, and this is not a result of the higher exports yet due to the higher imports meaning that demand in the economy is improving
Filed under: Fundamental
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