Amidst the economic slowdown of China and US, the stocks of Germany have further impacted the world economy as its market today tumbled lower than expected. Before the news of Germany's shares slopping down, the US dollar was doing quite well.

The Federal Statistical Office on Thursday said that Germany has recently confirmed its reports showcasing only 0.1% growth in its anemic growth estimate for the second quarter. In the report, it has also been mentioned by the country that household spending and net exports have majorly contributed to the increased figures and the growth rates, which has further served well in taking the economy nearly to stagnation.