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German Perspective – 08.10.24

08/10/2024

This week: Public holidays in Asia and in Germany led us to expect that little would happen in terms of production and sales last week. Well, far from it and, as so often, things turned out quite differently.

Two events completely shook up the market. On the one hand, of course, Iran’s missile attack on Israel and, on the other, the Chinese government’s decision to provide massive support for the Chinese economy and consumption.

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