UPDATE 1-German investor morale slumps as economic outlook darkens - CNN News

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Tuesday, 13 August 2019

UPDATE 1-German investor morale slumps as economic outlook darkens

UPDATE 1-German investor morale slumps as economic outlook darkensThe mood among German investors plummeted far more than expected in August, a survey showed on Tuesday, and the ZEW institute blamed trade disputes and higher chances of a no-deal Brexit for a worsening outlook in Europe's biggest economy. ZEW said its monthly survey showed economic sentiment among investors fell to -44.1 from -24.5 in July, its lowest level since December 2011. Germany's DAX hit a day's low after ZEW published the survey.




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