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German Central Bank Raises Growth Outlook

Germany’s Bundesbank raised its forecast for growth of the euro zone’s largest economy this year and next on Friday, highlighting the increasing divergence between the currency block’s member countries.

The bank said it expects Germany to grow 0.5 percent this year and 1.7 percent next year compared with June-forecasts of 0.3 percent and 1.5 percent respectively.

The bi-annual projections also forecast growth of 2.0 percent in 2015.

CNBC [1]

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Mingze Wu

Mingze Wu [6]

Currency Analyst at Market Pulse [7]
Based in Singapore, Mingze Wu focuses on trading strategies and technical and fundamental analysis of major currency pairs. He has extensive trading experience across different asset classes and is well-versed in global market fundamentals. In addition to contributing articles to MarketPulseFX, Mingze centers on forex and macro-economic trends impacting the Asia Pacific region.
Mingze Wu
Mingze Wu

+Mingze Wu [10]