By Sakari Suoninen and Kirsti Knolle MANNHEIM, Germany (Reuters) – German analyst and investor sentiment unexpectedly worsened in July, reflecting economic tensions in the euro zone and a global slowdown that is hitting exports, a survey showed on Tuesday. The Mannheim-based ZEW economic think tank's monthly poll of economic sentiment fell to 36.3 from 38.5 in June, well below the consensus forecast in a Reuters poll of analysts for a rise to 39.6. The reading sent the euro lower against the dollar and safe-haven Bund futures to a session high. "The ZEW index turned out surprisingly bad. …
There are no comments yet. Why not be the first to speak your mind.