Peter GarnryPeter Garnry , Head of Equity Strategy, Saxo Bank
Denmark, 24 September 2012 at 08:19 GMT+0
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The German IFO figures released this morning paint a gloomy picture of the Germany economy's current condition but more notable the expectation figures point toward flat or maybe even a small contraction scenario for the German economy. The reaction in the DAX Index has been muted and the index is currently down 0.4 percent.

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  1. Equities
  2. DAX
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Saxo Bank provides an execution-only service. The material on this website does not contain (and should not be construed as containing) investment advice or an investment recommendation, or a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Saxo Bank accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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