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Asia Times

Covering geo-political news and current affairs across Asia

Tag: German manufacturing

German manufacturing growth up, but factories are stretched to capactity

by David P. Goldman September 1, 2017February 18, 2020

The euro and German government bond yields rose this morning after the release of the MARKIT Manufacturing purchasing managers’ index for Germany, showing that 59.3% of respondents were expanding. EUR/USD rose from 1.188 at 4:00 a.m. to 1.922 at 8:00 a.m. Die Welt reports that German factories are stretched to capacity: there simply aren’t enough […]

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