Seeking Alpha

German consumers remain bullish

  • As expected, Germany's Gfk consumer confidence index has held steady at 8.5 heading into April.
  • The reading comes after the Ifo index provided a mixed picture yesterday, with the business climate print slipping but the current-situation number rising.
  • DAX futures are +0.1%, while the euro rises a bit from earlier lows but is still -0.1% at $1.3814.
  • ETFs: EWG, BUND, EWGS, GERJ, BUNL, DBGR, DXGE, FGM, BUNT, GGOV
  • Gfk Web site
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