china market turmoil spook german investors
Last Updated : GMT 05:39:09
Arab Today, arab today
Arab Today, arab today

China, market turmoil spook German investors

Arab Today, arab today

Arab Today, arab today China, market turmoil spook German investors

Worries about slowing growth in China and the ensuing global stock market turmoil
Frankfurt - AFP

Worries about slowing growth in China and the ensuing global stock market turmoil are souring investor sentiment in Germany at the start of the new year, a leading survey showed on Tuesday.
The investor confidence index calculated by the ZEW economic institute declined by 5.9 points to 10.2 points in January, the think tank said in a statement.

"The beginning of the new year is characterised by capital market turmoil in China, which has also led to significant share price declines in Germany," said Sascha Steffen, ZEW's head of international finance and financial management research.

"As in the previous year, weak economic growth in China and other important emerging markets is putting a strain on Germany's economic outlook," Steffen said.

For the survey, ZEW questions analysts and institutional investors about their current assessment of the economic situation in Germany, as well as their expectations for the coming months.

The sub-index measuring financial market players' view of the current economic situation in Germany rose by 4.7 points to 59.7 points in January, ZEW said.

Capital Economics economist Jennifer McKeown said the decline in the index "confirms that the recent turbulence in global financial markets and the soft tone of the domestic hard data have dented investor sentiment."

The expert said that "admittedly, the rise in the current conditions index to a high level is an encouraging sign, but it is at odds with the weaker tone of the hard data.

"In all, while we do not see German growth grinding to a halt, we still envisage a slowdown from about 1.5 percent in 2015 to one percent or so this year," McKeown said.

BayernLB economist Stefan Kipar pointed out that the ZEW barometer has only limited informative value with regard to gross domestic product (GDP) growth.

"It offers no reason to slide into pessimism," he argued, pointing out that the eurozone and German economies in particular would continue to benefit from the renewed drop in oil prices and robust consumer demand.

"Too much mustn't be read into the decline in the ZEW index," Kipar said.

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*

china market turmoil spook german investors china market turmoil spook german investors

 



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*

china market turmoil spook german investors china market turmoil spook german investors

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today The Big Apple bike boom

GMT 10:47 2017 Wednesday ,22 November

The Big Apple bike boom
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Leaders of Russia, Iran, Turkey meet

GMT 10:12 2017 Wednesday ,22 November

Leaders of Russia, Iran, Turkey meet
Arab Today, arab today 'Advanced' cyber attack targets Saudi Arabia

GMT 10:18 2017 Wednesday ,22 November

'Advanced' cyber attack targets Saudi Arabia
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Honda recalls 800,000 minivans

GMT 11:43 2017 Wednesday ,22 November

Honda recalls 800,000 minivans
Arab Today, arab today VW says will invest over 34bn euros

GMT 07:19 2017 Tuesday ,21 November

VW says will invest over 34bn euros
Arab Today, arab today Singer Jahda Wahba has unlimited ambitions

GMT 07:56 2017 Monday ,20 November

Singer Jahda Wahba has unlimited ambitions
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 09:23 2017 Saturday ,18 November

Fedra happy for “Between Two Worlds” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 13:41 2017 Tuesday ,21 November

French choke up over proposal

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
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
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday