Today Germany reported disappointing numbers for August industrial production, following yesterday’s report for new orders which also lacked encouragement. The reports may signal a slowdown in Europe’s largest economy.
Perhaps unsurprisingly, in light of the disappointing numbers, Bloomberg is already identifying further stimulus as a cure for what ails the continent.
Further extraordinary stimulus by the European Central Bank could also prove a boon if it pushes down the euro, making German products more competitive. The Frankfurt-based central bank will publish the account of its most-recent policy meeting on Oct. 8. It will be closely scrutinized by investors for hints on whether quantitative easing could be amended.