German Investor Confidence Rises for Second Month

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German investor confidence gained for a second month in October as the European Central Bank’s plan to buy government bonds fueled speculation that the sovereign debt crisis can be contained. 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 in advance, climbed to minus 11.5 from minus 18.2 in September.

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