Survey finds German investor optimism on the rise in October as risks diminish
APFRANKFURT -- A closely watched survey of investor optimism in Germany rose in October, in an upbeat sign for the eurozone's largest economy.
October 17, 2012, 5:11 pm TWN
The ZEW survey rose by more than expected to minus 11.5 from minus 18.2 in September. Markets had expected a reading of minus 14.9.
The ZEW, or the Center for European Economic Research, said Tuesday that the results show “that risks for the German economy have somewhat diminished.”