World Market News of the 12 February with FXOpen #sp500

Germany’s Economy Is on Shaky Ground Germany’s economy has been struggling and the latest data has provided little hope for improvement. Economists say the worst may soon be over, but are still not hopeful about economic growth in 2024 and suggest the country may enter a technical recession this year. Headwinds include a slowdown of global trade, higher energy prices, and national and international political uncertainty. Industrial production declined by 1.6% in December on a monthly basis, and was down 1.5% in 2023 overall compared to the previous year. Exports – which are a major cornerstone of the German economy – fell by 4.6% in December and 1.4%, or trillion euros ($ trillion), across the year. Source: CNBC Stock Futures Are Little Changed after a Record Week for S&P 500 U.S. stock futures hovered near the flatline Monday following a record-setting week for the S&P 500. Futures tied to the 500-stock benchmark and the Dow Jones Industrial Averag