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German industrial output recovers in April

Jun. 07, 2016 3:14 AM ETEWG, GF, EWGS, FGM, DBGR, DXGE, HEWG, QDEU, DAXBy: Yoel Minkoff, SA News Editor1 Comment
  • German industrial production rebounded in April, suggesting that the motor of Europe's largest economy was humming along at the start of the second quarter and benefited from a pick-up in investment.
  • According to the Economy Ministry in Berlin, output rose 0.8% from March, when it dropped a revised 1.1%.
  • The euro is again in positive territory against the dollar in the wake of the slightly better-than-expected data.
  • ETFs: EWG, DAX, GF, DXGE, DBGR, HEWG, EWGS, FGM, QDEU

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