German investor
confidence increased more than anticipated in August following a decline in the euro and an easing in oil prices from the record levels reached in early July. The ZEW Center for European Economic Research in Mannheim said its index of investor and analyst expectations rose to minus 55.5 from minus 63.9 in July. The July reading had been the lowest since the survey began in 1991.
The German economy contracted by a larger than expected 0.5% in Q2, and it is still touch and...
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