Macroeconomics

The last two weeks were very exciting as far the general financial markets were concerned. The international stock market embarked on roller-coaster ride that as of today (Friday, July 26) was on the up again. Despite the share situation, the optimists made some ground in the US today, helping to push the consumer sentiment index up to 88 points, though in Europe the mood was more downcast.  This was reflected by the German Business Climate Index, which was expected to hit 91 points, but could only manage 89.

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