German data failed again (Morning video analysis 7.02.2019)

07.02.2019 09:18|

Another set of data from German was surprisingly weak. The industrial production dropped by almost 4 per cent on the yearly basis in December. Crucial day for the pound (Brexit issues, the Bank of England meeting) and the euro (New European Commission economic estimates). The zloty is pressured by the weak economic conditions in the leading eurozone countries. The dollar is approaching the 3.80 mark.

This video analysis is not a recommendation within the meaning of Regulation of the Minister of Finance of 19 October 2005. It has been prepared for information purposes only and should not serve as a basis for making any investment decisions. Neither the author nor the publisher can be held liable for investment decisions made on the basis of information contained in this commentary. Copying or duplicating this report without the written permission from Sp. z o.o is prohibited.

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