Excerpt from: European Markets
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| March 29, 2010 | | Spread bets and CFDs on European markets | German CPI data showed an unexpected jump in growth this month. Consumer prices increased more than expected, beating January's growth and bettering February's slide in CPI.
The news is somewhat encouraging, since it indicates that economic growth is happening in Germany. As the largest economy in the euro zone (indeed, all of Europe), Germany is quite influential when it comes to the performance of the euro in forex trading.
The euro, however, has not been overly helped by this news, as the issues in the euro zone surrounding sovereign debt continues to weigh on the currency.
| Topic Tags: CFDs, euro forex trading, European markets, forex trading, German CPI, spread bets | |
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