EUR/USD
1.17315
0.747%
Gold
4731.54
1.274%
Oil
60.252
1.525%
USD/JPY
157.953
-0.106%
GBP/USD
1.34712
0.344%
GBP/JPY
212.789
0.247%
Real-time News
On January 20th, Fitch Ratings stated that after three years of economic stagnation, impacted by external shocks and increasingly severe structural challenges, Fitch forecasts significant fiscal easing will drive the German economy back to growth in 2026. Despite risks regarding public spending implementation and private sector response, there is evidence that investment is recovering from its slump. Charles Seville, Senior Director of Fitchs Economics Team, said, "German capital spending has shown signs of recovery, with real investment returning to annual growth for the first time in three years." The construction sector, which accounts for about half of fixed asset investment, returned to positive year-on-year growth in October. Driven by civil engineering and public works activities, the construction purchasing managers index returned to expansion territory in December for the first time since the beginning of 2022. Furthermore, industrial output, survey data, and order volumes also showed signs of recovery. Industrial output recorded year-on-year growth in November, the only second increase since mid-2023. By the end of 2025, capital goods orders, which typically track investment, and capital goods demand survey indicators linked to production expectations, both showed improvement. Amid persistent external risks, domestic orders have led the recent recovery trend.Fitch: Germany’s massive fiscal easing policies are expected to propel it back onto a growth trajectory in 2026.U.S. stocks pared some of their losses, with the S&P 500 down 1% and the Nasdaq down 1.3%.The German DAX index fell by 1.00% on the day.Romania will further assess the invitation from the U.S. Peace Commission before responding.
