💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

German investor sentiment improves in November-ZEW

Published 11/11/2008, 05:09 AM
Updated 11/11/2008, 05:12 AM

MANNHEIM, Germany, Nov 11 (Reuters) - German analyst and investor sentiment about the outlook for Europe's largest economy improved this month, a closely watched survey showed on Tuesday.

An indicator published by the ZEW research institute and based on a survey of 287 analysts rose to -53.5 in November from -63.0 in October, ZEW said. ZEW conducted the survey from Oct. 27 to Nov. 10.

The mid-range forecast in a Reuters survey of 37 economists last week was for a reading of -62.0 for the indicator, which reflects the difference between the share of analysts and investors who are optimistic and the share who are pessimistic.

A separate gauge of analysts' assessment of current conditions fell to -50.4 in November from -35.9 the previous month, ZEW said. The consensus forecast in the Reuters poll was for -45.0. (Reporting by David Milliken, writing by Paul Carrel)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.