ZEW’s German investor sentiment index improved in November

By: Trademagazin editor Date: 2021. 11. 09. 11:02

Instead of the expected deterioration, the German investor sentiment index improved in November, according to a survey published on Tuesday by the ZEW Economic Research Institute.

The sentiment index for November rose 31.7 points from 22.3 in October. The market expected a decline of 20.0 points in November.

The index rose due to an improvement in investors’ expectations for the next six months, as current market conditions were judged to be worse than in the previous month. The value of the relevant indicator fell more than expected: it fell to 12.5 points in November after 21.6 points in October, instead of the expected 18.0 points. (MTI)