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Deutsche Bank forecasting a German double-dip recession. HSBC target EUR/USD towards 1.02

Deutsche Bank forecasting a German double-dip recession. HSBC target EUR/USD towards 1.02
Deutsche Bank says Germany's economy is set for a double-dip recession(after the recession in Q4 of 2022 & Q1 of 2023) expects a GDP contraction in Q3 2023that'll weigh on economic activity into 2024despite receding inflation, we expect that private consumption will only gradually come out of its rutconsumer confidence has remained depressedsay that the UK, France, U.S. and Italy will all grow fasterFurther out and more broadly:"megatrends such as decarbonization, digitalization, and demographi... Read More
Posted: Oct 26 2023, 22:14
Author Name: forexlive
Views: 082855

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