Scoreboard: German good times

German sentiment dips but remains at healthy levels, while the IMF's upwardly revised global growth forecast leaves markets largely unmoved.

Most markets look to have had a relatively subdued session overnight. Not much data and not much news. Macro-wise, there was little. The most important thing to note was the German ZEW survey, which is a survey of investor sentiment. The current index rose to 41.2 in January, which is well above the average of -23. The expectations component fell a little to 61.7 from 62, but this is above the average of 24. German investors are happy and expect good times.

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