Avoiding the worst of the EU slowdown for some time, the German economy has converged with its...

|By:, SA News Editor

Avoiding the worst of the EU slowdown for some time, the German economy has converged with its troubled neighbors. Germany's recent PMI read included Export Orders at the "strikingly low" print of 39.5, notes JPMorgan. The country is also the most highly exposed of the EU to slowing China. A negative quarterly GDP print is only a matter of time, writes Sober Look.