Arab Today, arab today german investor sentiment slips but outlook still positive
Last Updated : GMT 07:46:06
Arab Today, arab today
Arab Today, arab today

German investor sentiment slips, but outlook still positive

Arab Today, arab today

Arab Today, arab today German investor sentiment slips, but outlook still positive

Difficulties in handling the Greek crisis
Frankfurt - AFP

Investor sentiment in Germany fell in July hitting its lowest level in eight months, but the outlook for Europe's biggest economy remains positive, a leading survey found on Tuesday.

The widely watched investor confidence index calculated by the ZEW economic institute slipped by just 1.8 points to 29.7 points in July, its lowest level since November 2014, ZEW said in a statement.

Analysts had been expecting a slightly steeper decline this month to 29.0 points.

"Neither the difficulties in dealing with the Greek sovereign debt crisis nor the turmoil on Chinese financial markets seem to impress the financial market experts strongly," said ZEW president Clemens Fuest.

"Despite the slight decline of the indicator, the overall economic outlook for Germany remains positive," he 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 beat analysts' expectations by rising by 1.0 point to 63.9 points in July, ZEW said.

Analysts said the Greek crisis is not having as damaging effect as some might have feared on the German economy.

"It seems as if German investors have taken the stance that the Greek crisis or even a 'Grexit' would not harm the German economy and therefore rather focused on the positive impact from the still weak euro exchange rate and the latest drop in energy prices," said ING DiBa economist Carsten Brzeski.

"Indeed, the macro-economic picture for the German economy does not look bad at all," the expert said.

"Whether it is naivety, indifference or just matter-of-factness remains to be seen. For the time being, however, investors' trust in the German economy is almost impossible to be upset," he said.

Capital Economics economist Jennifer McKeown was more cautious.

"Admittedly, the decline was not as sharp as we or the consensus had feared and the fact that the index remains firmly positive means that most investors expect conditions to improve," she said.

"But the decline is a worrying sign that the Greek crisis is damaging sentiment in the eurozone's largest economy despite the backdrop of a relatively weak euro and very supportive monetary policy," McKeown said.

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*

Arab Today, arab today german investor sentiment slips but outlook still positive Arab Today, arab today german investor sentiment slips but outlook still positive

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Optimism on the front line

GMT 07:24 2017 Monday ,20 February

Optimism on the front line
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Egypt to hold first session of Arab film festival

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
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