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German bund yields tumble as weak data set to pressure ECB in new year

Por: MarketWatch Business December 15, 2023

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The euro rose 0.3% to $1.0955. The currency has gained 1.7% this week against the dollar, following the Federal Reserve’s surprisingly dovish policy turn and dot plot mapping out three rate cuts this year. Economic activity in the eurozone , and by more than expected, data from a purchasing managers’ survey showed Friday, with German and French numbers particularly weak. The data comes a day after the European Central Bank  on Thursday,... + full article



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