German Investor Morale Plummets On Trade Fears: ZEW

German investor morale plummets on trade fears: ZEW

German investor confidence plunged sharply in October, the ZEW economic institute said Tuesday, as German export firms fret over a worsening trade spat between China and the United States

Frankfurt am Main, (UrduPoint / Pakistan Point News - 16th Oct, 2018 ) :German investor confidence plunged sharply in October, the ZEW economic institute said Tuesday, as German export firms fret over a worsening trade spat between China and the United States.

The ZEW's closely-watched monthly barometer fell by 14.1 points to -24.7, the steepest drop recorded since Britain voted to leave the European Union in July 2016.