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Sharp drop in German investor sentiment in August: ZEW

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Investor sentiment in Germany fell sharply in August due to nagging geopolitical uncertainty clouding the outlook for Europe's top economy, a leading survey found on Tuesday.

[BERLIN] Investor sentiment in Germany fell sharply in August due to nagging geopolitical uncertainty clouding the outlook for Europe's top economy, a leading survey found on Tuesday.

The widely watched investor confidence index calculated by the ZEW economic institute sank 4.7 points to 25.0 points this month, ZEW said in a statement.

AFP

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