Central Banks Coming To The Rescue?
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This morning's ZEW survey only confirmed what we already knew: global activity has weakened anew. In June, the expectations component of the ZEW survey fell to -21.1 from -2.1 in Germany, to -20.2 from -1.6 in the Eurozone, and to -35.9 from -23.6 in the U.S…
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