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Commodity Post Session News

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(18 Feb 2025, 18:18)

Economic Buzz: German economic confidence records strongest improvement in the past two years

German economic confidence recorded its strongest improvement in the past two years in February ahead of the federal election as financial experts expect fiscal stimulus from the new government and also foresee better outlook for construction on the back of interest rate cuts, results of the closely watched survey by the think tank ZEW showed on Tuesday. The ZEW Indicator of Economic Sentiment spiked 15.7 points to a seven-month high of 26.0 in February. German financial market experts' assessment about the current situation also improved in February as the corresponding index edged up by 1.9 points to -88.5.
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