About: http://data.cimple.eu/news-article/c244b1bafc3ef0c115a5fa80cca53c85e9130ffcd49a8952d39ec424

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About: http://data.cimple.eu/news-article/c244b1bafc3ef0c115a5fa80cca53c85e9130ffcd49a8952d39ec424 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	German investor sentiment climbed in March despite ongoing coronavirus restrictions in Europe's top economy, data showed Tuesday. The ZEW institute's monthly barometer measuring economic expectations rose 5.4 points month-on-month to a new reading of 76.6 points -- more than 20 points higher than in December. It beat forecasts by analysts polled by Factset, who counted on a score of 75 points. "Experts expect a broad-based recovery of the German economy," said ZEW president Achim Wambach, based on hopes that 70 percent of the German population would be vaccinated against Covid-19 by late September. However he warned that most of those polled for the ZEW survey were expecting "inflation to continue to grow, as well as higher long-term interest rates". In December, Germany tightened restrictions to curb the spread of the virus, closing most shops after a previous shutdown closed restaurants, bars, gyms and cultural activities. This month Germany reopened many schools, hairdressers and some shops, even as infection rates climb again in a third wave of the pandemic. Contrary to during the first wave of the pandemic last spring, Germany's current partial lockdown allows for factories and manufacturing businesses to remain open. ZEW's figure, based on a survey of 198 financial market experts carried out March 8-15, showed investor confidence in the eurozone up 4.4 points, to 74 points. Alongside growing investor confidence, ZEW's assessment of the current economic situation in Germany rose 6.2 points to minus 61 points -- still deep in negative territory. But the recent rise in new coronavirus cases raised doubts about a quick reopening of the economy. "The optimism of the financial market experts who were surveyed is easy to explain -- the economic situation is so bad that looking ahead to the next six months, it can actually only get better," said economist Jens-Oliver Niklasch of LBBW bank. ys-dlc/fec/bmm
schema:headline	German investor sentiment improves despite virus third wave
schema:mentions	Eurozone USA Gymnastics Inflation Germany Lockdown European Union Pandemic Virus Severe acute respiratory syndrome coronavirus 2 Coronavirus disease 2019 Zentrum für Europäische Wirtschaftsforschung FactSet Landesbank Baden-Württemberg Financial market Barometer Economy
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-03-16 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	76 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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