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What is Economic Overview and Market Insights about?

- The European PMI index was virtually unchanged in November at 45.8, indicating that GDP growth will decline slightly more from Q3 to Q4 of 2012, with an estimated fall of 0.3% quarter-over-quarter in Q4. - Spanish bond yields declined after a successful bond auction, while manufacturing PMI in the Eurozone rose slightly but still indicates slowing growth in Q4 compared to Q3. - German IFO business climate index and GDP figures are expected to provide further insight on the health of the European economy.

Author

naudaslietas_lv

Language

EN