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Wednesday, January 23, 2013

German investor confidence jump.

Germany's ZEW index of investor economic sentiment has surged to its highest level since May 2010, jumping to 31.5 in January from 6.9 in December and coming in way above consensus of 12. The six-month outlook has also improved and the upbeat sentiment could boost investment, although the situation with Germany's trading partners is still considered to be weak.

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