German Investor Confidence Rises on Robust Domestic Economy
- Sentiment rebounds at home as euro-area expectations drop
- ZEW says Paris terror attacks didn't damp investor outlook
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German investor confidence rebounded in November, buttressed by resilient domestic demand and the prospect of more European Central Bank 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, rose to 10.4 from 1.9 the previous month. It was the first increase in eight months and compares with an estimate of 6.0 in a Bloomberg survey of economists. About 18 percent of the responses came after Friday’s terror attacks in Paris.