German perspective - 11.01.08
14/01/2008
What happened this week: 2008 has been one with a really a slow start. Those with expectations — or better put hopes — of more activity this week were basically disappointed. Hardly any movement was seen in Europe and the customer base in the Orient was not in any rush to make decisions. The weakening US$ also provided no argument for selling, so, the curtains were drawn on a quiet week this Friday.