German investor sentiment rises above forecasts in August

Investing.com -- German investor morale climbed to 34.2 points in August, exceeding analyst predictions, according to data released by the ZEW economic research institute on Tuesday. The reading surpassed the consensus forecast of 30.0 points from analysts surveyed and marked an increase from July’s 26.3 points.
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Investing.com -- German investor morale climbed to 34.2 points in August, exceeding analyst predictions, according to data released by the ZEW economic research institute on Tuesday. The reading surpassed the consensus forecast of 30.0 points from analysts surveyed and marked an increase from July’s 26.3 points. ZEW President Achim Wambach attributed the continued positive momentum to strong quarterly results and elevated export levels. "The positive trend in expectations further consolidates in August, likely due to the good quarterly results and the recent high level in exports," Wambach said.
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- Investing.com -- German investor morale climbed to 34.2 points in August, exceeding analyst predictions, according to data released by the ZEW economic research institute on Tuesday. The reading surpassed the consensus forecast of 30.0 points from analysts surveyed and marked an increase from July’s 26.3 points.
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German investor sentiment rises above forecasts in August
Sources1TypeCoverageInvesting.com · Economy