German investor confidence plunges
Wednesday, 21 March 2018
FRANKFURT AM MAIN, Mar 20 (AFP): Confidence among investors in Europe's largest economy Germany plunged in March, with a monthly barometer dropping to its lowest level in 18 months, reflecting fears of a transatlantic trade war.
A regular survey of 220 analysts and investors from the ZEW institute gave a reading of 5.1 points-a slump of 12.7 points from February's level and far below the 13.1 forecast by analysts.