German January Investor Confidence Rises More Than Expected as Oil Slides
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Investor confidence in Germany, Europe s largest economy, increased for a second month in January after the cost of oil declined and the dollar s recovery against the euro reduced concern about slowing export ...
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The German economic outlook has rarely looked sunnier, with sky-high business confidence and growth strong enough to shrug off a sharp rise in sales tax early this year, data showed on Thursday.
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NEW YORK : Wall Street rebounded this week as investors showed confidence in the US economy despite high oil prices, but the market could stagnate next week ahead of the highly anticipated monthly US unemployment report.
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U.S. stocks rose on Wednesday on  investor relief that oil prices fell sharply after a  higher-than-expected rise in crude stocks last week.
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European stocks were higher on Monday as gains, driven by takeover speculation, offset falling oil producers as crude prices weakened.
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BERLIN - German business sentiment improved unexpectedly in December after slumping sharply in November over concerns about high oil prices and worries that the strengthening euro could damage exports, a closely watched survey showed Friday.
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European stock markets rose in early afternoon dealing amid a surprise sharp increase in Germany's investor confidence and a string of solid results, analysts said.
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A widely watched indicator of consumer confidence unexpectedly rose for the second straight month in January, hinting that the U.S. economy would continue to grow in the first half of 2005, but at a slower pace.
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U.S. consumer confidence rose in January after improving in December, as consumers registered greater satisfaction with the short-term outlook for the economy than its longer-term prospects, a private business group said.
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Investor confidence in Germany has declined more sharply than anticipated, a major economic think tank said, as high oil prices put a damper on hopes of a continuation of the nascent recovery.
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Investor confidence in Germany, the eurozone's biggest economy, stabilised, albeit at low levels, in December, as falling oil prices helped offset concerns about the negative economic effects of the strong euro, a new poll showed.
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Stocks inched higher on Friday as news of weaker-than-expected January job creation bolstered expectations for steady U.S. interest rates.
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Europe&#39;s main stock markets climbed higher on Friday as the oil sector was energised by soaring crude prices, dealers said.
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German investor confidence rises in December after touching a 13-year low in November.
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German business confidence is at its highest level since 1991, a leading survey finds.
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European stock markets have climbed as investors drew comfort from falling crude oil prices, and after an overnight bounce on Wall Street.
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Investor confidence in Germany, Europe's largest economy fell unexpectedly in June, figures suggest.