Market News Briefing – December 19th 2016 11:55 (GMT+1)

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German business confidence at the height of 3 years

Business confidence index IFO institute’s biggest economy in the Euro zone rose in December to 111 points, compared to 110.4 points last month.
This is the highest level of the index since February 2014.
The economists forecast was to more moderate increase in the index to 110.5 points.

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