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In those markets -- Peter Dixon global equities economist at Commerzbank over London Peter how much of a disappointment is this report on German sentiment.
Welcome and we should play too much weight on it's I mean obviously.
That the figure failed to meet market expectations which is not -- But if you actually look at the shots you can bet -- she did down -- I mean that's an indication of just how.
How volatile this -- can be.
So I think the the small.
On the -- but it's up to expectations can best be viewed as statistical noise without getting too worried about these.
And as far as we're concerned I think the yeah the gym and -- cover story for encoded that remains on track.
And hopefully in the second half of the year was seen the debates that it's the only growth and what about -- -- European cars sales Peter how much -- that -- into the markets today.
Well we have I think it's a backward looking indicator that sense but it clearly is an indication that says consumers he when he was on the not making -- big ticket purchases.
It's and administration I think perhaps of the fact that things like unemployment to weighing.
-- in the the big ticket items.
And I think this is a situation we can expect to continue over the course of the next few months so don't expect any yet any big pick up in that consumption for some time to come.
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