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View Full Version : A Decline In German Business Confidence Would Validate Bearish Technical Outlook (Dai


DailyFX
10-23-2009, 05:04 AM
German business confidence is expected to have risen to a 13-month high of 92.0 in October as Europe’s largest economy has emerged from its worst recession since WWII. Stimulus efforts including cash for clunker programs locally and in the U.S. have fueled growth. Easing credit conditions and rising equity markets have also helped boost optimism.



complete story here... (http://www.dailyfx.com:80/forex/fundamental/article/fundamentals_vs_technicals/2009-10-23-0840-A_Decline_In_German_Business.html)