US-China Trade Battle Knocks German Investor Confidence




Confidence among German investors fell back in May, a closely-watched survey showed Tuesday, as Europe’s largest economy fretted over the knock-on effects of the US-China trade conflict.

Expectations for economic performance in the coming months dropped 5.2 points compared with April, to -2.1, according to the ZEW institute’s regular sounding of almost 200 analysts and financial players.

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