I posted a video this morning with thoughts regarding the Euro
and the narrative of a crisis being premature at best! Inflation
numbers came out for Germany this afternoon at 0.6% versus expectations of 0.3%. Year on year we are at 2.2% which is far above last months 1.6% and above expectations of 2%. On that news we should see the euro
strengthen and given the EU is a net importer econ
activity should rise in tandem!