Germany's economic sentiment was less pessimistic in October, defying expectations for further worsening, but investors remained cautious about their current situation amid rising inflationary pressures and the weakening economic outlook.
The ZEW Indicator of Economic Sentiment, which measures overall expert opinions on the direction of the German economy over the next six months, rose to -59.2 in October from -61.9 in September, survey results from the ZEW - Leibniz Centre for European Economic Research showed Tuesday.
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April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.