German Investor Confidence Rises Slightly In November
Source: http://germaneconomy.blogspot.com/2008/11/german-investor-confidence-rises.htmlPosted on Tuesday, November 11th, 2008 | In Economics, Germany
German investor confidence rose again slightly in November as governments and central banks stepped up efforts to fight the turmoil on financial markets. The ZEW Center for European Economic Research index of investor and analyst expectations increased to minus 53.5 from minus 63 in October. The index reached minus 63.9 in July, the lowest on record. As can be seen in the chart below, this increase is rather relative, and in historic terms investor confidence remains at pretty low levels.
Germany’s benchmark DAX share index rebounded from a three- year low last month and interbank lending rates in Europe have now fallen to their lowest level since February folowing the central bank decisions to injected cash into the financial system. Also Chancellor Angela Merkel’s Cabinet agreed on a stimulus package worth 50 billion euros ($64 billion) on Nov. 4.
Still, investor sentiment remained negative for a 16th month in November, suggesting pessimists outnumber optimists in the survey. The indicator’s long-term average is 27.1, according to the ZEW. A gauge measuring investors’ assessment of the current situation fell to minus 50.4 from minus 35.9 in October.
Last 5 posts by Edward Hugh
- Global Manufacturing, France Outperforms, As Spain Continues To Flounder - November 3rd, 2009
- A New Spectre Is Haunting Europe, A Spanish One - October 31st, 2009
- Beyond The Consensus On European Bank Credit - October 27th, 2009
- The French Rebound Continues In October While Germany Moves Sideways - October 27th, 2009
- The French Rebound Continues In October While Germany Moves Sideways - October 27th, 2009
Angela Merkel, central bank decisions;, Chancellor Angela Merkel's Cabinet;, Dax 30, Economics, EUR, Europe, Germany, Germany, USD, ZEW Center for European Economic Research
![]() About Edward Hugh (http://globaleconomydoesmatter.blogspot.com)
Edward Hugh is a macro economist, who specializes in growth and productivity theory, demographic processes and their impact on macro performance, and the underlying dynamics of migration flows. Hugh is a founding member and regular contributor to a number of economics weblogs, including Global Economy Matters, Demography Matters and a number of others. Edward 'the bonobo' Hugh is a Catalan economist of British extraction based in Barcelona. By inclination he is a macro economist, but his obsession with trying to understand the economic impact of demographic changes has often taken him far from home, off and away from the more tranquil and placid pastures of the dismal science, into the bracken and thicket of demography, anthropology, biology, sociology and systems theory. All of which has lead him to ask himself whether Thomas Wolfe was not in fact right when he asserted that the fact of the matter is "you can never go home again". He is currently working on a book with the provisional working title "Population, the Ultimate Non-renewable Resource". Edward also writes regularly for the demography blog Demography Matters. He also contributes to the Indian Economy blog . His personal weblog is Bonobo Land . Edward's website can be found at EdwardHugh.net. Edward follows in detail the Indian, Italian, Spanish, German and Japanese economies. He also has a more than a passing interest in the economies of Turkey and Brazil and in the emerging economies of Eastern Europe. |




