German investor confidence unexpectedly jumps

Note: This section contains information in English only.
Source: Bloomberg
ZEW index measuring investor confidence in Germany unexpectedly rose in January. According to European Economic Research centre, the measure jumped from minus 53.8 a month ago to minus 21.6 in January, posting a record increase of 32.2 points. Analysts earlier predicted an improvement in sentiment only to minus 49.4. Some economists suggest, the surge of investor sentiment may indicate the worst period of European debt turmoil is over.
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Tue, 17 Jan 2012 14:33:43 GMT

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