Economics
German ZEW Investor Confidence Unchanged as Brexit Risks Persist
- Expectations gauge held at 0.5 in September; estimated 2.5
- ZEW cites ‘ambiguity’ in signals for economic prospects
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German investor confidence was unchanged in September after recent data signaled economic momentum cooled.
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, held at 0.5. Economists in a Bloomberg survey predicted an increase to 2.5.