German Investor Confidence Surges as Concerns Over Euro Fade
- ZEW index rises to 17 in September vs. median estimate of 12
- Confidence gains as bank lending and investment increase
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German investor confidence rose for the first time in four months in a sign that concern over the risk to growth from the strengthening euro is subsiding.
The ZEW Center for European Economic Research’s index of investor expectations rebounded to 17.0 in September from 10.0 in August. The reading, days before the region’s largest economy holds elections, compares with a median estimate in a Bloomberg survey for an increase to 12.0.