Entering text into the input field will update the search result below

German investors remain confident

Oct. 15, 2013 5:12 AM ETEWG, ERO-OLD, URR, DRR, ULE, EUO, BUNL, BUNT, GERJ, BUND, EWGS, GGOV, FGM, EUFX, DBGRBy: Yigal Grayeff, SA News Editor
  • The German ZEW survey of investor confidence has climbed to 52.8 in October from 49.6 in September and topped consensus that was also 49.6.
  • However, the current situation print has slipped to 29.7 from 30.6 and missed forecasts of 31.
  • Sentiment for the eurozone has risen to 59.1 from 58.6 but undershot expectations of 59.4.
  • "The financial market experts remain optimistic," says ZEW President Clemens Fuest. "At present a greater impact of the debate on the debt ceiling in the USA is not visible."
  • The euro takes a tumble vs the dollar and is -0.2% to $1.3529. The Dax is +0.7%. (PR)
  • Relevant ETFs - Stocks: FGM, EWG, GERJ, EWGS, DBGR. Bonds: BUNL, BUNT, BUND, GGOV Euro: ERO, ULE, URR, EUO, DRR, EUFX

Recommended For You

More Trending News