German Economic Sentiment Sinks
Tuesday, 17 June 2008 12:35
Sentiment among German financial analysts and institutional investors plummeted in June to its lowest level since December 1992, signaling that activity in Europe"s largest economy is weakening after a surprisingly strong first quarter.

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American financial markets have shown a “pronounced turnaround” since March, said Alan Greenspan, the former chairman of the Federal Reserve.
 

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