On Tuesday, key European stock indexes showed positive dynamics, helped by data on a significant increase in investor confidence in the German economy. The British FTSE 100 added 0.33% and reached 8,708.67 points. The French CAC 40 rose 0.36% to 8,103.01 points, while the German DAX rose 1.22% to 23,412.22 points. The published report of the Center for Economic Research in Europe (Zentrum fuer Europaeische Wirtschaftsforschung, ZEW) reflected a sharp increase in the index of investor confidence in the German economy. According to the data provided, the indicator increased from 26 to 51.6 points, which was the fastest increase since January 2023. At the same time, the index exceeded the 50-point mark for the first time since February 2022. In this regard, the long-term forecasts for European equity markets have also improved, given the expected higher dynamics of their growth in the coming years.
