Latest news with #ZEW
Fibre2Fashion
3 days ago
- Business
- Fibre2Fashion
German ZEW sentiment climbs to +52.7, outlook brightens
Germany's ZEW Indicator of Economic Sentiment continued its upward trajectory in July 2025, climbing 5.2 points to reach +52.7 — its highest level in over a year. The assessment of the current economic situation also showed marked improvement, rising by 12.5 points to -59.5. Sentiment across the eurozone also advanced. The ZEW Indicator for the eurozone rose slightly to +36.1, up 0.8 points from June. Meanwhile, the current economic assessment for the bloc improved by 6.5 points to -24.2. 'After the strong improvements of the past two months, the positive sentiment among respondents is becoming more firmly established. Despite ongoing uncertainty due to global trade conflicts, nearly two-thirds of the experts expect the German economy to improve. Hopes for a quick resolution to the US-EU tariff dispute, along with potential economic stimulus from the German government's planned immediate investment programme, appear to be shaping overall sentiment,' commented ZEW president professor Achim Wambach, PhD. Germany's ZEW Economic Sentiment Index climbed 5.2 points to +52.7 in July 2025, the highest in over a year. The current situation index rose by 12.5 points to -59.5. Eurozone sentiment improved slightly to +36.1, while its current assessment rose to -24.2. ZEW's Achim Wambach said optimism is driven by hopes of a US-EU tariff deal and Germany's planned investment stimulus. Fibre2Fashion News Desk (HU)
Yahoo
4 days ago
- Business
- Yahoo
Germany's economic sentiment hits highest level since early 2022
Germany's economic sentiment climbed to its highest level in over three years in July, fuelling hopes that Europe's largest economy may be on a firmer path to recovery. The ZEW Indicator of Economic Sentiment, which gauges investor expectations for the German economy, rose to 52.7 points this month, up from 47.5 in June and well above economist expectations of 50.3. This marks the strongest reading since February 2022, shortly before Russia's invasion of Ukraine disrupted global trade and energy flows. 'After the strong improvements of the past two months, the positive sentiment among respondents is becoming more firmly established,' said ZEW President Professor Achim Wambach. 'Despite ongoing uncertainty due to global trade conflicts, nearly two-thirds of the experts expect the German economy to improve.' Germany's ZEW Current Conditions index rose to -59.5 in July 2025, its highest level since June 2023, up from -72 the previous month and outperforming expectations of -66. Wambach pointed to hopes of a speedy resolution to the US-EU tariff standoff, alongside the German government's proposed emergency investment programme, as key drivers of optimism. The upbeat sentiment was particularly notable in expectations for mechanical engineering, metal production and the electrical engineering sector. The positive sentiment extended to the broader eurozone. The ZEW sentiment index for the single-currency bloc rose modestly to 36.1 in July, up 0.8 points from June. The assessment of current conditions in the eurozone also improved, though it remained in negative territory at minus 24.2, a 6.5-point gain from the previous month. Related German business sentiment rises: Ifo sees sixth consecutive lift Which European economy stands to suffer the most from US tariffs? Financial markets reacted with caution. The euro gained 0.2% against the US dollar to $1.1680, on track to snap a four-day losing streak. Bund yields dropped 3 basis points to 2.69%, after hitting on Monday their highest levels since early April. Still, investor nerves were apparent after US President Donald Trump announced a new 30% tariff on European Union imports from 1 August. The European Commission has pledged to intensify negotiations to avert a trade-war escalation. Germany's DAX index was unchanged at 24,200 points, consolidating after three consecutive sessions of losses. The broader Euro STOXX 50 rose 0.3%, supported by strength in industrial and automotive names. Among top gainers, ASML Holding advanced 2.4%, followed by BASF (1.92%), Mercedes-Benz (1.74%), Volkswagen (1.45%) and BMW (1.44%). On the downside, L'Oréal fell 1.35%, Orange slipped 1.23% and Telefónica declined 0.91%. Error in retrieving data Sign in to access your portfolio Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Germany's economic sentiment hits highest level since early 2022
Germany's economic sentiment climbed to its highest level in over three years in July, fuelling hopes that Europe's largest economy may be on a firmer path to recovery. The ZEW Indicator of Economic Sentiment, which gauges investor expectations for the German economy, rose to 52.7 points this month, up from 47.5 in June and well above economist expectations of 50.3. This marks the strongest reading since February 2022, shortly before Russia's invasion of Ukraine disrupted global trade and energy flows. 'After the strong improvements of the past two months, the positive sentiment among respondents is becoming more firmly established,' said ZEW President Professor Achim Wambach. 'Despite ongoing uncertainty due to global trade conflicts, nearly two-thirds of the experts expect the German economy to improve.' Germany's ZEW Current Conditions index rose to -59.5 in July 2025, its highest level since June 2023, up from -72 the previous month and outperforming expectations of -66. Wambach pointed to hopes of a speedy resolution to the US-EU tariff standoff, alongside the German government's proposed emergency investment programme, as key drivers of optimism. The upbeat sentiment was particularly notable in expectations for mechanical engineering, metal production and the electrical engineering sector. The positive sentiment extended to the broader eurozone. The ZEW sentiment index for the single-currency bloc rose modestly to 36.1 in July, up 0.8 points from June. The assessment of current conditions in the eurozone also improved, though it remained in negative territory at minus 24.2, a 6.5-point gain from the previous month. Related German business sentiment rises: Ifo sees sixth consecutive lift Which European economy stands to suffer the most from US tariffs? Financial markets reacted with caution. The euro gained 0.2% against the US dollar to $1.1680, on track to snap a four-day losing streak. Bund yields dropped 3 basis points to 2.69%, after hitting on Monday their highest levels since early April. Still, investor nerves were apparent after US President Donald Trump announced a new 30% tariff on European Union imports from 1 August. The European Commission has pledged to intensify negotiations to avert a trade-war escalation. Germany's DAX index was unchanged at 24,200 points, consolidating after three consecutive sessions of losses. The broader Euro STOXX 50 rose 0.3%, supported by strength in industrial and automotive names. Among top gainers, ASML Holding advanced 2.4%, followed by BASF (1.92%), Mercedes-Benz (1.74%), Volkswagen (1.45%) and BMW (1.44%). On the downside, L'Oréal fell 1.35%, Orange slipped 1.23% and Telefónica declined 0.91%.
Local Germany
4 days ago
- Business
- Local Germany
Positive outlook shared by German investors as tariff fears subside
Investor expectations for Europe's top economy over the next six months rose 5.2 points to plus 52.7 points, the July release of the ZEW survey showed. Analysts polled by financial data firm FactSet had expected a rise of just 2.7 points. Sentiment has now more than recovered from its April plunge after Trump announced bruising "Liberation Day" tariffs and has reached its highest level since February 2022, before Russia's full-scale invasion of Ukraine. "Despite ongoing uncertainty in connection with global trade conflicts, almost two thirds of experts expect the German economy to improve," said Achim Wambach, head of the ZEW institute. The mood appeared to be boosted by "hopes of an early solution to the US-EU customs dispute" as well as of stimulus spending from the German government, he added. Trump had threatened a blanket 20-percent tariff on EU exports into the United States, but later pushed back its implementation to July 9th to give time for negotiations after markets worldwide plunged. That deadline was again postponed Saturday, with markets reacting calmly after Trump threatened steeper 30-percent duties from August 1st if the EU did not strike a deal. In a piece of good news for Chancellor Friedrich Merz's new government, investors' mood also improved when it came to the economy's current performance, with the barometer rising 12.5 points to sit at minus 59.5. Advertisement Merz in June unveiled tax breaks to incentivise private investment as well as plans to borrow and spend 847 billion euros in a bid to upgrade German infrastructure and boost stagnant growth. READ ALSO: German government scraps electricity tax cuts for households More than 190 analysts and institutional investors took part in the July release of the ZEW survey.
RTÉ News
4 days ago
- Business
- RTÉ News
German investor morale rises more than expected in July, ZEW finds
German investor morale rose more than expected in July, the ZEW economic research institute said today, reporting an increase in its economic sentiment index to 52.7 points from 47.5 points in June. Analysts polled by Reuters had pointed to a reading of 50.3. "After the strong improvements of the past two months, the positive sentiment among respondents is becoming more firmly established," said ZEW President Achim Wambach. The assessment of the current economic situation also experienced a significant increase, with the indicator rising to -59.5 points from -72 points. Despite ongoing uncertainty due to global trade conflicts, nearly two-thirds of the experts expect the German economy to improve, Wambach said. Some 200 analysts and institutional investors took part in ZEW's survey, which was conducted between July 7 and 14.
