Global Economic News

German Economic Sentiment Rebounds On Hopes Of Conflict Resolution

Economic sentiment in Germany returned to positive territory in June as financial market experts expect an end to the Iran conflict, survey results from the Mannheim-based Centre for European Economic Research, or ZEW, showed Tuesday.

The ZEW indicator of economic sentiment advanced more-than-expected to 10.5 in June from -10.2 in the previous month. The score was seen at -5.8. This was the highest score in four months.

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by Renju Jaya

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