Germany's investor confidence rose sharply in April and topped economists' expectations, raising hopes of a rebound in the biggest euro area economy, but a sharp deterioration in the current assessment suggest that the outlook is set to remain greatly subdued in the near term.
The ZEW investor confidence index climbed to 3.1 from -3.6 in March, survey data from the ZEW-Leibniz Centre for European Economic Research showed on Tuesday. Economists had forecast a score of 0.8.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.