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Wednesday, January 29, 2014

German consumer sentiment rises to six-year high.

The German Gfk consumer confidence index has climbed to the highest level since August 2007, rising to 8.2 heading into February from 7.7 previously and topping consensus of 7.6, The strengthening of the consumer outlook adds to continuing bullishness among German investors and businesses, providing hope that the country can help firm up the eurozone's fragile recovery.

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