- Retailers are considerably more optimistic ahead of Christmas in contrast to last year
- Companies are continuing to hold back on investments due to uncertainty over debt crisis
- Q4 GDP will be even weaker than it was in Q3, COULD POSSIBLY SLIP INTO NEGATIVE TERRITORY
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Ifo economist: Exports of German firms to Asia and USA are going very well, industrial orders are stabilising
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
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