ZEW investor poll jumps in November
The ZEW indicator of economic sentiment for Germany rose to -2.1 in November, a gain of 20.7 points from October. Economists polled by FactSet expected a -14.8 reading.
"There is growing hope that the international economic policy environment will improve in the near future, which explains the sharp rise in the ZEW Indicator of Economic Sentiment in November. In the meantime, the chances for a agreement between Great Britain and the EU and thus for a regulated withdrawal of Great Britain have noticeably increased," said Achim Wambach, president of the ZEW.
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