German investor sentiment increases on recovery signs

Source: Bloomberg
© Scanpix\Reuters
German investor sentiment increased in June as Europe's largest economy is recovering at a faster pace. The ZEW index advanced from 36.4 in May to 38.5, and the ZEW's measure of the current situation dropped more-than-expected from 8.9 in May to 8.6. German industrial output increased the most in over a year and overseas sales advanced more-than-predicted in April . 

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