Business confidence in Germany increased to 89.40 points in April from 87.80 points in March 2024.
This marks the third consecutive month of increases and surpasses market expectations set at 88.9.
Sentiment toward Europe’s largest economy soared to its highest level since May 2023, driven by growing anticipation of potential rate cuts by the ECB and a gradual alleviation of inflationary pressures.
ETFs: (EWG), (GF), (FGM), (HEWG), (DAX), (FLGR)
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