market-insight-munich-2012-q4
Value appears in peripheral vision
Value appears in peripheral vision
German business confidence grew for the sixth consecutive month in April, according to a closely-watched indicator of economic health. The Ifo Business Climate Index, which is based on the views of 7,000 companies on their current situation and future prospects, gained 0.1 points to reach 109.9. Although the benchmark remains several points below the levels…
It will be no surprise to hear that German investors have significant doubts over the future of the eurozone. The general view is that the currency will not be falling apart as it is more than a simple question of whether there is a currency and monetary union or not. However, the concern over any…
Fund flows have been consistently up for the past two months, with both December and January seeing net inflows of more than €6bn, according to BVI, the German fund industry trade body. However, despite this, it is still a slower recovery than this time last year, which in January saw a €13.5bn inflow. In the…