Germany’s Economic Pulse Beats Stronger: PMI Signals Broad Recovery Amid Inflation Pressure
Germany, the Eurozone’s largest economy, has shown its strongest private sector growth in nearly two and a half years — a much-needed sign of life for both Euro traders and investors watching Europe’s recovery trajectory. According to the latest HCOB Flash Germany Composite PMI by S&P Global, the index rose from 52.0 in September to 53.8 in October, signaling not only ongoing expansion but also the fastest pace since May 2023
Dollar Dips to Two-Week Low Amid Market Uncertainty Over Trump’s Tariff Plans
The dollar hit a two-week low as uncertainty over Trump’s tariff plans continues to impact global markets. Analysts warn of inflation risks and further declines.