Arab Today, arab today zew german investor sentiment rises in october
Last Updated : GMT 05:34:54
Arab Today, arab today
Arab Today, arab today

ZEW: German investor sentiment rises in October

Arab Today, arab today

Arab Today, arab today ZEW: German investor sentiment rises in October

Berlin - AFP

Investment sentiment in Germany rose in October, a survey found on Tuesday, in a new sign of strength in the biggest eurozone economy and as actors on financial markets shrugged off the US debt ceiling battle. The widely watched investor confidence index calculated by the ZEW economic institute rose 3.2 points to 52.8 points, beating a forecast by analysts who said it would stay flat. It was the highest level since April 2010, as it was in September when the index reached 49.6. \"The financial market experts remain optimistic,\" said ZEW president Clemens Fuest in a statement. He added that \"at present a greater impact of the debate on the debt ceiling in the USA is not visible\", referring to the battle that has sparked a partial federal government shutdown. Berenberg Bank\'s Holger Schmieding said that \"despite the US fiscal turmoil, the eurozone remains on track for a gradually strengthening upswing. While Germany remains in the lead, the euro periphery is starting to gradually catch up.\" For the survey, ZEW questioned 237 analysts and institutional investors about whether they are optimistic or pessimistic regarding the economic situation in Germany. They were asked about the current situation, as well as about the six-month outlook. The sub-index measuring financial market players\' view of the current economic situation slightly worsened, dropping 0.9 points to 29.7 points. A separate index measuring expectations for the eurozone rose marginally, by 0.5 points to 59.1 points. The rise meant that \"confidence is back to where it was before the Greek crisis erupted four years ago,\" said Schmieding. Analyst Annalisa Piazza of Newedge Strategy said the uptick for Germany in October came \"on the back of continuous support by policymakers and some encouraging news coming from business confidence indicators\" across the major eurozone countries. \"That said, uncertainties weighing on equities seem to have put a lid on rising confidence in October as some market indicators have started to price in risks of default of the US debt that -- even if very unlikely -- certainly limits the upside movement in sentiment.\" A frequent criticism of the ZEW index is that it can be volatile and is therefore not particularly reliable. Berenberg Bank\'s Schmieding said \"the level of the ZEW does not reliably predict the pace of economic growth. However, the ZEW tends to signal economic turning points some four to six months ahead.\" He said that, \"despite a little wobble from April to July\" this year, the ZEW had trended up firmly since October 2012, and that the German economy returned to solid growth in the second quarter of this year. \"For what it’s worth, investor sentiment projects an ongoing solid economic recovery for Germany,\" he said. \"That investor sentiment is now more positive for the eurozone than for Germany signals clearly that the gap between a fairly strong Germany and a still restrained pace of growth in the euro periphery will likely narrow over coming quarters.\"

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 zew german investor sentiment rises in october Arab Today, arab today zew german investor sentiment rises in october

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
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

GMT 14:57 2017 Monday ,20 February

A giant initial public offering on track

GMT 14:50 2017 Monday ,20 February

Energy Market Research

GMT 09:38 2017 Monday ,20 February

Japan returns to trade deficit in January

GMT 07:16 2017 Monday ,20 February

Global arms trade highest since Cold War

GMT 06:10 2017 Monday ,20 February

Tourism shows signs of recovery in Egypt

GMT 05:45 2017 Monday ,20 February

Brexit U-turn ruled out by many in EU
View News in Arabic - Business: نفط وبتروكيماويات
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 Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
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 Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
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 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
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