Economic news

Germany’s investor mood falls due to trade dispute and uncertainty in Italy

Investor optimism in Germany slid this month to the worst reading since September 2012, as today’s survey reveals, dragged down by an intensification in a trade spat with the U.S.

The monthly survey by the ZEW institute found that investor economic mood dropped to negative 16.1 in June from negative 8.2 in the preceding month, which is a sharper plunge compared to the average forecast by Reuters equaling -14.0.

An index reflecting investors’ assessment of the economic situation moved down from May’s 87.4 to 80.6. The average forecast by Reuters was 85.0.



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