Germany Binary Options Resources
As one of the powerhouses of Western Europe there are going to be plenty of trading opportunities available to you if you wish to place Binary Options trades on companies based in German, and below is an overview of just how well Germany is doing financially.
Please do make use of the following guide as it may just help you decide which companies to place your Binary Options trades on and some Brokers where you can place those trades too!
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National Bank
The Deutsche Bundesbank website is where you will find lots of information in regards to the regulation of all banking institutions that are licensed to operate in Germany. Recent ratings given for Government Bonds in Germany are as follows: Standard & Poor’s: AAA, Moody’s rating: Aaa and the Moody’s outlook is listed as being: STA.
Germany is a signed up full member of the Euro system and they are part of the European Central Bank. As such they use the Euro currency.
Germany International Financial Reserves
Based on the latest set of figures released Germany has International Reserves of US$ 206.350 billion.
Real GDP Growth in Germany
Based on the last batch of finalised reports in the last 12 years Germany had 2 years of negative real GDP growth which was in 2003 and 2009, when the real GDP growth for Germany was reported as being -0.2% and 5.1% respectively.
The figures for real GDP growth since 2003 to 2014 are as follows: 2003 -0.2%, 2004 1.2%, 2005 0.8%, 2006 3.9%, 2007 3.4%, 2008 0.8%, 2009 -5.1%, 2010 3.9%, 2011 3.4%, 2012 0.9%, 2013 0.5%, 2014 1.4%.
Germany GDP as a Percentage of Composition by each Market Sector
The following three market sectors and their respective figures are the percentage of composition on each of those market sectors of GDP of Germany.
The Agriculture market sector makes up 0.8% of GDP in Germany, whilst the Industry market sector makes up 30.1% of the total GDP in Germany and the Services market sector is responsible for 69% of total GDP in Germany.
Inflation and Unemployment in Germany
The rate of inflation in Germany over the last five years has been reported as being as follows: 2011 2.5%, 2012 2.1%, 2013 1.6% and in 2014 0.9% and to date in 2015 the rate of inflation was 1.2%. Unemployment in Germany again over the same five year period has been reported as being 2011 6.0%, 2012 5.5%, 2013 5.3%, 2014 5.3%, and in 2015 5.3%.
Where to Place Binary Options Trades on Companies Based in Germany
One of the largest and most economically sound countries in the whole of Europe Germany has always be a reliable country when it comes to finding a plethora of different Binary Options trading opportunities, and if you do wish to place trades on countries operating there then take a look at RedwoodOptions for they offer a bonus which is worth up to $200 for new traders and profits on trades placed there can be as high as 81%.
