German Confidence Data Boosted Sentiment

20 February 2013 20 February 2013

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Sentiment improved modestly as a more optimistic Germany's ZEW data was partly offset by weakness in US housing data. Japanese yen firmed mildly as investors took note of Financial Minister Aso's comments that the central bank is not intended to purchase foreign bonds to weaken the currency and ECB's/BUBA's Weidmann said that the G-20 sent a clear signal to oppose currency manipulation.