Euro, oil saps German confidence
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Economists had forecast a drop to 94.8. The November business assessment index fell to 93.8 from 94.7 in October, while the business expectation index fell to 94.3 from 95.9 last month, Ifo said.
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German economic growth slowed sharply in the third quarter as exports weakened and oil prices surged, raising fears that eurozone GDP figures due Friday will be lower than expected.
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German investor confidence dropped to the lowest in almost two years in November on concern that crude oil near $50 per barrel and the euro s appreciation will hurt economic growth and corporate profits.
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BRUSSELS  - Eurozone figures due out this week will confirm that confidence is slumping due to high oil prices and the rise of the euro, and that inflation is easing, economists said.
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FRANKFURT - Surging oil prices and the strength of the euro, currently at an all-time high around 1.32 dollars, are currently weighing on business morale in Germany, the eurozone&#39;s biggest economy, a new poll showed.
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Investor confidence in Germany, Europe&#39;s biggest economy, dropped in August to the lowest level in more than a year, according to data released on Tuesday, amid concern that record oil prices would crimp global growth and impede a recovery in consumer ...
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BERLIN - German investor confidence posted a surprise jump in December as relief over falling oil prices helped to offset concerns about the impact of a surging euro on growth in Europe&#39;s biggest economy.
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LONDON  - The euro steadied just below the 1.30 dollar mark as the markets positioned themselves for this weekend&#39;s G20 meeting of finance ministers and central bankers in Berlin.
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By his bargaining position. Euro The dollar tumbled to a record low against the euro after German Chancellor Gerhard Schroeder suggested he will tolerate a stronger European currency, overshadowing a surge in ...
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The German economy, the biggest in the 12-country eurozone, was teetering on the edge of its third recession in just four years at the end of 2004, but the outlook for this year is brighter with investor confidence on the rise, data showed.
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The euro slipped against the dollar and  yen on Tuesday after weaker-than-expected German investor  confidence data, while the dollar was soft ahead of U.S. data,  seen key for interest rate expectations.
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German business confidence dropped in August, reflecting concerns about economic recovery in the country, a survey made by a leading economic institute showed Thursday.
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The euro jumps to an all time high against the dollar as signs of declining business confidence in Germany increases fears about European competitiveness.
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Producer price inflation in Germany, which has been surging recently as a result of runaway energy and steel prices, slowed somewhat last month as oil prices came off the boil, according to the federal statistics office Destatis.
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The dollar rose against its main rivals, as the euro took a knock from a poll showing surging oil prices were weighing on business sentiment in Germany, analysts said.
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An index of German business confidence dipped in August, reflecting worries about the strength of the country&#39;s economic recovery, a survey of German executives showed Thursday.
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German Chancellor Gerhard Schroeder on Saturday labeled the US dollar&#39;s weakness against the euro &quot;worrying,&quot; but increasingly worried European leaders appeared unlikely to get help from the United States and Asia at a meeting of industrial and developing