The mood among German investors worsened less in October than analysts had expec...
BERLIN - The mood among German investors worsened less in October than analysts had expected, a survey showed on Tuesday, amid concern that Europe’s biggest economy might be headed for a recession.
“The recent settlement in the trade dispute between the USA and China does not seem to diminish economic scepticism at this stage,” ZEW President Achim Wambach was quoted as saying. ZEW’s headline economic sentiment index, which reached its lowest in almost seven years in August, appears to have stabilized. But the investor assessment of the German economy’s current condition in October was as pessimistic as it was in 2010.
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