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Euro zone sentiment falls for fifth straight month
Euro zone sentiment fell for a fifth straight month in August to touch its lowest level in over three years amid ongoing worries about the bloc's debt crisis, an index from the Sentix research group showed on Monday. Sentix said its monthly index tracking investor sentiment in the 17-nation currency bloc dipped to -30.3 in August, down from -29.6 in July, but slightly better than a Reuters consensus forecast for a drop to -31.0. Comments from European Central Bank President Mario Draghi on Thursday indicating that the ECB could begin buying government bonds again to reduce surging borrowing costs in Spain and Italy ... (full story)
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