German IFO comes in below expectations; US financial bailout testimony continues |
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ECONOMIC DATA - (FR) Sept Business Confidence Indicator: 92 v 97e; Production Outlook Indicator: -42 v -32e; Own-company Production Outlook: -10 v -1e - (SW) Sept Manufacturing Confidence: -14 v -14e; Consumer Confidence: -14.4 v -17.0e; Economic Tendency Survey: 86.0 v 84e. - (IT) Sept Business Confidence: 82. 7 v 83.2e (Lowest reading since Oct 2001) - (GE) Sept IFO - Business Climate: 92.9 v 94.3e; Current Assessment: 99.8 v 101.9e; Expectations: 86.5 v 87.3e - (IT) July Retail Sales M/M: %
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