german investor confidence rebounds from august plunge
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

German investor confidence rebounds from August plunge

Arab Today, arab today

Arab Today, arab today German investor confidence rebounds from August plunge

The ZEW institute's monthly barometer of German investor confidence
Frankfurt - AFP

Confidence among German investors beat expectations Tuesday with a strong rebound in a monthly survey, as Europe's largest economy stays in robust health and fears over a strong euro recede.

The ZEW institute's monthly barometer -- which measures financial players' expectations for the coming months -- leapt from 10 to 17 points in September, outstripping the 13.5 points predicted by analysts surveyed by Factset and almost recovering July's level of 17.5.

"Solid growth in the second quarter, recent big increases in banks' lending business and growing investment from firms and the state" had all contributed to the good mood, ZEW president Achim Wambach said.

The German economy grew by 0.6 percent in the three months from April to June, figures released in mid-August showed, in line with the average for the 19-nation eurozone.

And unlike a recent string of white-knuckle European votes, "there seems to be no uncertainty originating from Germany's general election" slated for Sunday, Wambach added.

The rebound "may party reflect a reduction in fears about the euro", after the single currency's rise against the dollar in recent months cowed financial players, analyst Stephen Brown of Capital Economics suggested.

In a separate survey looking at the eurozone as a whole, investors were slightly more confident in the future performance of the single currency area in September than last month.

But while the picture of Germany's present economic situation brightened a little, financial professionals' view of the eurozone's current position was gloomier than in August.

The ZEW institute questioned 203 analysts and institutional investors to compile its survey.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

german investor confidence rebounds from august plunge german investor confidence rebounds from august plunge

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

german investor confidence rebounds from august plunge german investor confidence rebounds from august plunge

 



GMT 21:16 2016 Monday ,27 June

Zaki Badr discusses cleaning problem in Giza

GMT 21:46 2017 Saturday ,14 January

Turkey arrests 60 businessmen for alleged Gulen ties

GMT 22:38 2017 Friday ,24 March

Abbas meets with Merkel in Berlin

GMT 09:02 2017 Monday ,27 March

Tunisian Premier Concludes Visit to Sudan

GMT 15:54 2017 Friday ,01 September

Attorney General Directs Prosecutors to inspect Prison

GMT 09:22 2017 Sunday ,31 December

HM King condoles with Afghanistan President

GMT 10:12 2016 Wednesday ,06 April

Strong dollar, mild weather shrink H&M profits

GMT 17:03 2016 Saturday ,24 December

7 police killed in attacks in Afghansitan

GMT 13:51 2017 Friday ,17 March

Israel denies Syria shot down a warplane

GMT 04:08 2017 Thursday ,05 January

Carbon tax can fund clean energy transition

GMT 19:27 2016 Wednesday ,14 September

Alstom to go ahead with plans to shut down Belfort plant

GMT 01:44 2017 Friday ,15 December

Mennat-Allah underlines importance of landscapes

GMT 04:57 2017 Thursday ,14 December

Trump tells NASA to send Americans to Moon

GMT 21:43 2017 Wednesday ,11 October

Qabil discusses with Swiss delegation improving power

GMT 21:06 2017 Sunday ,17 September

OIC condemns suicide attack in Kabul

GMT 08:27 2017 Thursday ,27 April

Nokia reports another loss as networks sag

GMT 19:41 2017 Monday ,06 February

Elina Svitolina Claims Taiwan Open Title

GMT 09:39 2017 Friday ,03 February

Former Brazilian president Lula's wife dies of stroke
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday