German investor confidence up on 'QE effect'
Market speculation is at fever pitch that ECB will announce sovereign bond purchases or QE this week
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Frankfurt
INVESTMENT sentiment in Germany hit an 11-month high this month on hopes the European Central Bank is about to roll out its heavy anti-deflation artillery, analysts said on Tuesday.
The widely watched investor confidence index calculated by the ZEW economic institute jumped 13.5 points to 48.4 points in January, its highest level in 11 months, ZEW said in a statement.
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