German investor sentiment increases

Note: This section contains information in English only.
Source: Bloomberg
German investor sentiment rose more than it was forecasted by the economists in August as the nation's economic recovery helped the 17-nation euro area to climb out of recession. The ZEW Center stated that its index, that forecasts investor and analyst expectations in the following six months, increased from 36.3 to 42 in July, it was expected to rise to 39.9.
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Tue, 13 Aug 2013 10:02:06 GMT

Europe stocks add following German ZEW data

European stocks increased as German ZEW economic confidence report rose more-than-forecast to 42.0 points in August, and the Euro block industrial production advanced. The European Euro Stoxx 50 index jumped 0.59% to 2,843.50 and the German DAX increased 0.87% to 8,432.30. The German ZEW economic confidence indicator increased from 36.3 points in July to 42.0 in August.

Tue, 13 Aug 2013 09:18:09 GMT

Sterling little changed after housing data

The British currency was little changed against the greenback and the 17-nation currency as U.K. house prices increased to the highest level in more than six months in July, fueling speculation that the nation's economy is recovering. The Sterling was at 85.98 pence per Euro by 7:53 a.m. in London after strengthening to 85.79 earlier, while U.K.'s currency climbed at

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