Market statistics have remained on a good level during the past two weeks with the majority of figures pointing towards an ongoing recovery of the global economy in the coming months and in 2004.

In the US, third quarter growth increased 1.6% to 8.2%, unemployment figures fell to their lowest levels in three years and durable goods orders rose 3.3% in October. Germany’s IFO index, meanwhile, rose for the seventh consecutive month, climbing by more than one point to 95.7. Spain and Britain registered economic growth rates of 2.9% and 3.1% respectively. 

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