German ZEW headline index may have fallen slightly in April
March's rise left German ZEW headline index at a one-year high of +54.8 and the rise in equity prices at the start of this month suggested that optimism had continued to build. However, rising risks of Grexit may have ta…
March's rise left German ZEW headline index at a one-year high of +54.8 and the rise in equity prices at the start of this month suggested that optimism had continued to build.
However, rising risks of Grexit may have taken a toll. Not only has the rise in German equities stalled over recent days as Greek yields have surged, but the German Sentix Investor Sentiment Index registered a decline in April. "Germany's ZEW headline Economic Sentiment Indicator (10.00 BST) probably fell to around +50.0 in April." said Capital Economics in a report
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Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
