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German investor morale improves in June though risks remain ahead
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BERLIN (Reuters) – German investor sentiment rose slightly in June as financial market experts were less pessimistic about the economy, though it remained in negative territory due to numerous risks.
BERLIN (Reuters) – German investor sentiment rose slightly in June as financial market experts were less pessimistic about the economy, though it remained in negative territory due to numerous risks.
The ZEW economic research institute said its economic sentiment index rose to -28.0 points from -34.3 in May.
A Reuters poll had pointed to a June reading of -27.5.
“The economy is still exposed to numerous risks, such as the effects of the sanctions against Russia, the unclear pandemic situation in China and the gradual change of course in monetary policy,” said ZEW President Achim Wambach.
“So although expectations have improved, they are still deep in negative territory,” he added.
An index for current conditions rose to -27.6 from -36.5. The consensus forecast was for a reading of -31.0.
(Reporting by Miranda Murray; Editing by Madeline Chambers)
The ZEW economic sentiment index is a survey that measures the expectations of financial market experts regarding the economic development in Germany, providing insights into future economic conditions.
Monetary policy is the process by which a central bank manages the supply of money and interest rates to achieve specific economic objectives, such as controlling inflation and stabilizing the currency.
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