German investor morale drops on U.S.-Sino trade dispute By Reuters

0
143
© Reuters. Containers are pictured at a loading terminal in the port of Kiel


© Reuters. Containers are pictured at a loading terminal in the port of Kiel

BERLIN (Reuters) – The mood among German investors darkened more than expected in October, a survey showed on Tuesday, as concerns about the fallout of an escalating trade dispute between China and the United States clouded the outlook for Europe’s largest economy.

The ZEW research institute said its monthly survey showed economic sentiment among investors deteriorated to -24.7 from -10.6 in September. This compared with the Reuters consensus forecast for a reading of -12.0.

A separate gauge measuring investors’ assessment of the economy’s current conditions fell to 70.1 from 76.0 in the previous month. The Reuters consensus forecast was for a reading of 74.5.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here