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German Business Confidence for the months of february is at 105. 7, a touch below what economists had forecast. 00. 6. D a figure of 1 its below expectations. As we are seeing yesterday with those pmi numbers out of the eurozone. We are seeing a little bit of crunch as weakness in the Global Economy is starting to affect the european region and germany as well. 1. 1028. See euro at we are getting breaking news out of christine lagarde. We will monitor the news we get from her purchase talking about the gcc countries. Stocks falling overall globally. Over renewed concern over the strength of the chinese economy. Stoxx 600 down 0. 2 . The shanghai composite was led lower by a lot of the financial and industrial companies. After the central bank in china weakened the yuan. The pound declining. Crude slumping. Lets get on to the second board. Rick off mo risk off moved. The ....
In london. Whichtalk about the bhp, puts commodities very firmly in the center of things. Is the end of the route insight . How many times have i asked that question in recent months . Is this the end . 100 Day Moving Average is insight after a little rally. Taking it back up toward the 100 Day Moving Average. Some investors are suggesting that this could mean that we are that we have some more positive moves to come. Remember, futures of copper had actually rallied more than 9 from their six year low in january. Manus we seem to have passed those crisis moments. The question is, can we sustain it . We have iron ore, oil on the move as well. Boy ofe was the whipping commodities in 2015. Iron ore futures hitting a fourmonth high in china. When you have is the highcost producers in china dropping out. That story on the bloomberg. Aussie exports dropping by 10 . Subman s ....