German Investor Outlook Unexpectedly Improves on ECB Shift
- ZEW January expectations index rises to 15.2, est. 11.7
- Protetsts are adding to country’s economic struggles
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Germany’s investor outlook unexpectedly improved for a sixth month, fueled by hopes that monetary easing will help Europe’s biggest economy rebound from a contraction at the end of last year.
An expectations index by the ZEW institute rose to 15.2 in January from 12.8 the previous month — defying analyst predictions for a drop, data showed Tuesday. A measure of current conditions inched down.