BREAKING: DE30 recovers on stronger Ifo

The German equity market started Wednesday on a left foot, declining to the lowest in 8 days but a slightly stronger Ifo is lifting sentiment. The business indicator rose to 96.3 points from 95 in November – the second straight gain but remains generally depressed. Expectations component that was a major drag, improved somewhat though. DE30 sees a solid support zone around 13175 points.

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