Some glimmers of good news made the headlines in the past week.

Looking to Germany, over 50% of local self-directed investors expect the markets to recover this year or by the end of next year, according to a latest trend survey by the German Derivatives Association (Deutscher Derivate Verband, or DDV). The latest DDV market volume report also shows that market size decreased to €68 billion in March, resulting in the lowest outstanding volume since 2005. The number of newly issued products on the Stuttgart and Frankfurt stock exchanges increased by 74.7

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