German investor confidence recovers as Brexit shock settles
Investors have been reassured by Europe's central banks
German investor confidence rebounded in August after the initial shock ofBritain’s decision to leave the European Union.
The ZEW Center for European Economic Research in Mannheim said its index of investor and analyst expectations, which aims to predict economic developments six months ahead, rose to 0.5 from minus 6.8 in July. Economists in a Bloomberg survey predicted an increase to two.
Investors are brushing offBrexit-related concerns amid efforts by Europe’s central banks to ...
