German ZEW July expectations gauge falls to -19.6 - MarketWatch
The Center for European Economic Research, or ZEW, said Tuesday
that its index of German investor expectations fell to minus 19.6 in
July from minus 16.9 in June. "The decline of the economic
expectations concerning the end of 2012 is flattening out gently. This
could possibly be an early sign of an encouraging development in 2013. However, risks should not be underestimated," said ZEW President Wolfgang Franz
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