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German business sentiment rose for a sixth straight month in October, the Ifo Institute said, suggesting a tentative recovery is holding up despite the energy-price shock and rising borrowing costs.
The Ifo Institute said German business sentiment increased for a sixth consecutive month, despite the energy-price shock and rising borrowing costs.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but