Global Economic News

German ZEW Investor Confidence Highest In A Year

Germany's investor confidence rose sharply in March, reversing a steep fall in the previous month, to its highest level in a year, survey data from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday.

The ZEW Indicator of Economic Sentiment for Germany rose to -3.6 from -13.4 in February, the Mannheim-based think tank said. Economists had forecast the index to rise modestly to -11.

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