ZEW’s German and euro area investor sentiment index at a six-year nadir

In July, the German ZEW Economic Research Institute’s euro zone and Germany investor sentiment index dropped to a six-year low.

In July, the investor sentiment index of Germany’s ZEW (Zentrum für Europäische Wirtschaftsforschung GmbH), was the lowest since August 2012 decreasing by 8.6 points to minus 24.7 points, from minus 16.1 points and well below the 23.2 points long-term average of the index. (MTI)