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More modest good news on the global economic front, as confidence in the world economy rose amid a pick-up in both manufacturing and service sector activity, a new Bloomberg News survey indicated.The Bloomberg Professional Global Confidence Index (BPGCI) rose to a record-high 66.6 in January from 58.9 in December, Bloomberg News reported Wednesday. Further, the index remained above 50 for the sixth consecutive month. Readings above 50 mean there were more optimists than pessimists in the survey.
More modest goods on the global economic front as confidence in the world economy held near a record high, according to a new Bloomberg News survey.
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