BCN-12 German investor confidence hits new six-year low: ZEW institute

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ZCZC

BCN-12

GERMANY-ECONOMY-INVESTMENTS-INDICATOR

German investor confidence hits new six-year low: ZEW institute

FRANKFURT AM MAIN, July 10, 2018 (BSS/AFP) – Confidence among investors in
Germany plunged sharply in June, the ZEW economic institute said Tuesday,
reaching its lowest level since August 2012.

“Above all, fears of an escalation in the international trade war with the
United States” drove the institute’s barometer based on a survey of financial
players down 8.6 points to reach -24.7, ZEW chief Achim Wambach said.

BSS/AFP/SR/1625 HRS