Economics

German Investor Optimism Rebounds as ECB Stimulus Calms Markets

ZEW expectations index climbs to 4.3 in March from 1
Earlier report showed German business confidence improving

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By Piotr Skolimowski

March 22, 2016 at 10:03 AM UTC

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German investor confidence rebounded from a 16-month low after market turmoil calmed and the European Central Bank announced fresh euro-area stimulus.

The ZEW Center for European Economic Research in Mannheim said its index of investor and analyst expectations, which aims to predict economic developments six months ahead, advanced to 4.3 in March from 1 in the previous month. Economists predicted an increase to 5.4, according to a Bloomberg survey. An earlier report showed German business confidence also rose.