Tags: APFN | EU | Europe | Economy

Trade war Fears Weigh on Investor Sentiment in Germany

Tuesday, 20 March 2018 07:38 AM

FRANKFURT, Germany (AP) — Jitters over a possible U.S.-led trade war are weighing on a key index of sentiment among investment professionals in export-oriented Germany.

The ZEW index sagged to 5.1 points in March from 17.8 points in February. The main reason was a more pessimistic outlook for coming months, while assessments of how things are currently slipped by less.

The survey is based on interviews with investment analysts on how they see things shaping up in Europe's largest economy.

The ZEW research institute in Munich said Tuesday that "concerns over a U.S.-led global trade conflict have made the experts more cautious in their prognoses. "

New import taxes on steel and aluminum proposed by President Donald Trump have raised concerns that other trade partners including the European Union may retaliate.

© Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

   
1Like our page
2Share
GlobalTalk
Jitters over a possible U.S.-led trade war are weighing on a key index of sentiment among investment professionals in export-oriented Germany.The ZEW index sagged to 5.1 points in March from 17.8 points in February. The main reason was a more pessimistic outlook for coming...
APFN,EU,Europe,Economy
130
2018-38-20
Tuesday, 20 March 2018 07:38 AM
Newsmax Media, Inc.
 
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved