German investor morale drops on U.S.-Sino trade dispute
Reuters
Published Oct 16, 2018 05:22AM ET
German investor morale drops on U.S.-Sino trade dispute
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.
Get The News You Want
Written By: Reuters
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.