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  • Investor confidence in Germany fell sharply in October amid a resurgence in coronavirus cases in Europe's largest economy and renewed Brexit tensions, the closely watched ZEW survey showed Tuesday. "The recent sharp rise in the number of Covid-19 cases has increased uncertainty about future economic development, as has the prospect of the UK leaving the EU without a trade deal," ZEW president Achim Wambach said in a statement. The ZEW institute's monthly barometer measuring economic sentiment dropped to 56.1 points -- well below expectations -- from a 20-year high of 77.4 points in September. edf/mfp/bmm
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  • German investor confidence plummets in October: ZEW
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