Strong points: A pedestrian walks past the headquarters of Deutsche Bank in Frankfurt. While Germany is grappling with a slowdown in emerging markets that threatens exports, it’s also benefiting from record-low unemployment, cheap credit and a weakened currency. — Reuters
ZURICH: German investor confidence rebounded in November, buttressed by resilient domestic demand and the prospect of more European Central Bank (ECB) stimulus.
The ZEW Centre for European Economic Research in Mannheim said its index of investor and analyst expectations, which aims to predict economic developments six months ahead, rose to 10.4 from 1.9 the previous month.
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