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× New German forecaster more optimistic

On May 18, the German central bank, Bundesbank, presented a new index that may become the new darling of financial markets. The first signal provided by the WAI (Weekly Activity Index) is encouraging and could be another reason to become acquainted with it amid the coronavirus disease 2019 (Covid-19) pandemic.
The WAI includes seven components that can be measured 24 hours a day, seven days a week…