Tue, 19 Nov 2013 16:26:04 GMT
German ZEW economic confidence index rocketed to 4-year high
The German ZEW economic sentiment advanced to 54.6 this month, the 4-year record-high level, surpassing analysts expectation of an increase to 54.0, while the gross domestic product added 0.3% on a quarterly basis and grew 0.6% on a annual basis, meeting the preliminary estimates. Meanwhile, the Eurozone economic confidence increased to 60.2 in November, from prior 59.1, namely 2.9 points