World economic climate falls to lowest level in 20 years

LONDON (MarketWatch) — The Ifo World Economic Climate fell in the fourth quarter to its worst level in more than 20 years, to 60 points from 73.4 points in the third quarter. The long-term average of the poll is 96.8. Both the current situation and the expectations for the coming six months have worsened further. The Ifo Institute, which produces a closely watched German economic gauge, said it polled 1,001 experts in 91 countries.
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Original post by Forextvblog

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