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German ZEW indicator hits two-year low

Posted By Prieur du Plessis On June 21, 2011 @ 12:20 pm In Economy,Europe,Germany | No Comments


Hot off the press, the German ZEW Indicator of Sentiment dropped to -5.9 in June from 13.6 in May, whereas the euro zone economic sentiment index fell to -9 from 3.1.

These measures show investor confidence in both Germany and the euro zone at the lowest level in over two years.

“Investor confidence will remain under pressure in the coming months amid ongoing concern about the European debt crisis, and as fiscal consolidation throughout the region, higher official interest rates, and elevated crude oil prices weigh on economic activity,” said Moody’s Analytics – Dismal Scientist [1].

[2]

Source: Moody’s Analytics – Dismal Scientist [1], June 21, 2011.

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More on this topic (What's this?) [4]
Comparison of Personal Saving Rate in Germany vs. Other OECD Countries [5] (Top Foreign Stocks, 6/26/11)
Why Germany Should Learn to Love the Euro [6] (The Debts of a Nation, 5/23/11)
It’s “Grexit” Stage Left in the Eurozone Theater [7] (Wall Street Daily, 2/17/12)
Read more on Investing in Germany [8], European Union [9] at Wikinvest [10]

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URLs in this post:

[1] Moody’s Analytics – Dismal Scientist: http://www.economy.com/

[2] Image: http://www.investmentpostcards.com/wp-content/uploads/2011/06/german-zew.jpg

[3] Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.: http://www.feedburner.com/fb/a/emailverifySubmit?feedId=921608&loc=en_US

[4] (What's this?): http://www.wikinvest.com/blogger/wikinvest_wire

[5] Comparison of Personal Saving Rate in Germany vs. Other OECD Countries: http://topforeignstocks.com/2011/06/26/comparison-of-personal-saving-rate-in-germany-vs-other-oecd-countries

[6] Why Germany Should Learn to Love the Euro: http://debtsofanation.blogspot.com/2011/05/why-germany-should-learn-to-love-euro.html

[7] It’s “Grexit” Stage Left in the Eurozone Theater: https://www.wallstreetdaily.com/2012/02/17/will-greece-exit-eurozone

[8] Investing in Germany: http://www.wikinvest.com/industry/Investing_in_Germany

[9] European Union: http://www.wikinvest.com/industry/European_Union

[10] Wikinvest: http://www.wikinvest.com

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