Santa Claus Rally continues
News that the University of Michigan Consumer Confidence Sentiment is now up to 68.6 pts, coupled with lower inflation expectations, have helped buoy the US stock market and led to a slightly weaker US dollar. The Germany Wholesale Price Index has demonstrated lower-than-expected YoY and MoM growth. Most likely the Santa Claus Rally in stock indices, including the DAX, is set to continue.
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