September 17, 2019 / 9:30 AM / a month ago

German investor morale brightens more than expected in September

Styrofoam bull figures stand on a counter on the trading floor at the stock exchange in Frankfurt, Germany January 7, 2016. REUTERS/Kai Pfaffenbach/Files

BERLIN (Reuters) - The mood among German investors improved more than expected in September, a survey showed on Tuesday, but the ZEW institute warned that the outlook for Europe’s largest economy remained negative amid trade disputes and Brexit uncertainty.

ZEW said its monthly survey showed economic sentiment among investors rose to -22.5 from -44.1 in August. Economists polled by Reuters had expected a slight improvement to -37.0.

A separate gauge measuring investors’ assessment of the economy’s current conditions fell to -19.9 from -13.5 in the previous month. ZEW said that was the lowest reading since May 2010. Analysts had predicted a reading of -15.0.

Reporting by Michael Nienaber; Editing by Michelle Martin

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