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Author Archives: Insta Forex

German Manufacturing Employment Rises In June

Germany’s manufacturing employment increased in June, data from Destatis showed Tuesday. Manufacturing employment increased by around 88,000 or 1.6 percent year-on-year in June. The number of hours worked decreased by 6.3 percent to 685 million. At the same time, earnings ...

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Germany's Economic Growth Slows Slightly In Q2

Germany’s economy expanded at a slightly slower pace in the second quarter, Destatis reported Tuesday. Gross domestic product grew 0.6 percent sequentially in the second quarter, slightly slower than the 0.7 percent expansion seen in the first quarter. The growth ...

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Euro Little Changed After German GDP Data

Destatis issued Germany’s GDP data in the pre-European session on Tuesday at 2:00 am ET. After the data, the euro changed little against its major rivals. As of 2:01 am ET, the euro was trading at 0.9073 against the pound, ...

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