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German investor morale hits six-year low on trade angst

Reuters  |  BERLIN 

BERLIN (Reuters) - The mood among German investors slumped in July to its lowest level since August 2012, a survey showed on Tuesday, weighed down by concerns about escalating trade tensions with the United States.The ZEW research institute said its monthly survey showed economic sentiment among investors fell to -24.7 from -16.1 in June. This compared with the Reuters consensus forecast for a reading of -18.0.A separate gauge measuring investors' assessment of the economy's current conditions fell to 72.4 from 80.6 last month. The Reuters consensus forecast was for a reading of 78.2."The ...

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First Published: Tue, July 10 2018. 14:51 IST