German investor sentiment slips, highlighting long road to recovery – ZAWYA

German investor sentiment slips, highlighting long road to recovery – ZAWYA

German investor sentiment slips, highlighting long road to recovery | ZAWYA MENA Edition HomeEconomyGlobalArticleGerman investor sentiment slips, highlighting long road to recovery An indicator tracking investors' economic sentiment slipped to 59.3 points    German Chancellor Angela Merkel wears a protective face mask with the logo of Germany's EU council presidency as she attends a plenary session at the European Parliament in Brussels, Belgium July 8, 2020. BERLIN - Investor sentiment in Germany worsened somewhat in July, the ZEW economic research institute said, showing Europe's largest economy has a long path to recovery from the coronavirus crisis despite a slew of more positive data.An indicator tracking investors' economic sentiment slipped to 59.3 points, down from 63.4 points the previous month, coming in well short of a forecast for 60.0 in a Reuters poll of economists."The outlook for the German economy largely remains unchanged," ZEW's President Achim Wambach said in a statement. "After a very poor second quarter, the experts expect to see a gradual increase in gross domestic product in the second half of the year and in early 2021."An indicator tracking investors' economic sentiment slipped to 59.3 points, down from 63.4 points the previous month, coming in well short of