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Published on Wednesday, May 25, 2016

Market Comment | Optimism remained in financial markets with oil hovering around US$50

Business sentiment improves in Germany. The IFO business climate indicator rose in May (by 1.0 point to 107.7; consensus: 106.8) mainly due to an increase above estimates in the current assessment sub-index (1.0 point to 114.2, consensus: 113.3) and also to the improvement by more than expected in the IFO expectations indicator (by 1.1 point […]