LONDON (MarketWatch)
The ZEW German economic sentiment indicator -- a gauge of investor confidence -- unexpectedly fell in July to 36.3 points from 38.5 in June, the Mannheim-based Center for European Economic Research, or ZEW, said Tuesday
The index, which measures investors' expectations for the upcoming six months, was forecast to rise to 39.4, according to FactSet
The current conditions index, however, improved slightly by 2 points to stand at 10.6
The ZEW German economic sentiment indicator -- a gauge of investor confidence -- unexpectedly fell in July to 36.3 points from 38.5 in June, the Mannheim-based Center for European Economic Research, or ZEW, said Tuesday
The index, which measures investors' expectations for the upcoming six months, was forecast to rise to 39.4, according to FactSet
The current conditions index, however, improved slightly by 2 points to stand at 10.6
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