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3 Numbers: Upbeat German consumers expected to remain buoyant
Germany’s economy is in focus again today with the release of the November estimate of the Gfk Consumer Climate Index. Later, two US reports will receive attention ahead of Friday’s first look at third-quarter GDP data. Meantime, keep your eyes on today’s numbers for the Services PMI in October and new home sales for September. Germany: Gfk Consumer Climate Index (0600 GMT) Business sentiment in Europe’s biggest economy posted a modest improvement in October, according to yesterday’s Ifo data. Will consumer sentiment survey also post a firmer reading in today’s update from Gfk? The upbeat profile in the ... (full story)