Germany Confidence Rises For Third Month, Beats ForecastGerman

From British economy news, BoE's King Sees Scope For More Asset Purchases If Needed, Bank of England Governor Mervyn King said that slowing inflation gives room for further bond purchases, which will help to prevent the economy from falling into a "renewed severe downturn."

So what about Euro Zone??, so here is the big words, GermanyConfidence Rises For Third Month, Beats ForecastGerman business confidence rose for a third month in a row and at a faster-than-expected rate in January, adding to evidence that the Eurozone's largest economy will continue to expand, while the euro area as a whole is forecast to enter a mild recession in the first quarter of the year