Investors' confidence in the German economy improved for the first time in four months, as interest rates are expected to fall faster than previously anticipated. Germany's ZEW expectations index rose from 3.6 to 13.1 in October. Economists had expected 10. An indicator measuring the current situation unexpectedly deteriorated. Factors boosting optimism include “expectations for stable inflation and associated prospects for further ECB interest rate cuts,” ZeW President Achim Wambach said in a statement on Tuesday. “Positive signals are also coming from the German export market.”

Investors' confidence in the German economy improved for the first time in four months, as interest rates are expected to fall faster than previously anticipated. Germany's ZEW expectations index rose from 3.6 to 13.1 in October. Economists had expected 10. An indicator measuring the current situation unexpectedly deteriorated. Factors boosting optimism include “expectations for stable inflation and associated prospects for further ECB interest rate cuts,” ZeW President Achim Wambach said in a statement on Tuesday. “Positive signals are also coming from the German export market.”