BERLIN (Reuters) - The mood among German investors improved more than expected in August, a survey showed on Tuesday, as a U.S.-EU trade deal helped to dispel concerns about an escalating tariffs dispute.
The ZEW research institute said its monthly survey showed economic sentiment among investors improved to -13.7 from -24.7 from in July. This compared with the Reuters consensus forecast for a reading of -20.7.
A separate gauge measuring investors’ assessment of the economy’s current conditions edged up to 72.6 from 72.4 in the previous month. The Reuters consensus forecast was for a reading of 72.3.
Reporting by Michael Nienaber; Editing by Maria Sheahan
Our Standards: The Thomson Reuters Trust Principles.