The mood among German investors worsened for the third consecutive month in August, a survey showed on Tuesday, suggesting that markets expect Europe’s biggest economy to lose some momentum in the coming months.The Mannheim-based ZEW research institute said its monthly survey showed its economic sentiment index fell to 10.0 from 17.5 in July. This undershot a Reuters consensus forecast for a fall to 15.0.A separate gauge measuring investors’ assessment of the economy’s current conditions edged up to 86.7 from 86.4 last month. This compared with the Reuters consensus forecast predicting a dip to 85.5.
Source: German investor morale falls more than expected in August
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