Thursday, March 1, 2012

Investor confidence tops 10-month high

German investor confidence hit a 10-month high in February amid optimism Europe's top economy will be able to escape from the eurozone crisis relatively unscathed, data showed on Tuesday. 
The ZEW think tank's economic expectations index rose by a whopping 27.0 points in February to stand at plus 5.4 points. 
It is the third consecutive monthly increase in the closely watched indicator and brought the barometer back into positive territory for the first time since May 2011 and to its highest reading since April 2011.

Link (submitted by Japhet)

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