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Archive for May 2008

IFO Business Climate Survey

The results for the May 2008 German IFO Business Climate Survey was released yesterday. It is a hotly anticipated data to come out of Europe every month and of course part of the reason is the size of the German economy. It is considered a leading indicator

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Housing Market Index: NAHB

Last night we saw the NAHB Index published at 15 May 2008 1700 GMT or 16 May 2008 0100 local time. The NAHB index assess the market for new single-family home sales plus builder expectations for future trends (for the US). Basically it tracks the residential real

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GDP: Germany double consensus forecast

 As a result, we have a rally in the EURO. (IGM)The [GERMAN ECONOMY], at least, put in a storming performance in Q1, with [GDP]… The [GERMAN ECONOMY], at least, put in a storming performance in Q1, with [GDP] rising by a much bigger than expected 1.5% q/q

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