FX.co ★ German Investor Morale Rises Unexpectedly

In September 2025, the ZEW Indicator of Economic Sentiment for Germany rose to 37.3, up from 34.7 in August, surpassing predictions of 26.3. ZEW President Achim Wambach noted that "Financial market experts are cautiously optimistic and the ZEW indicator has stabilized, yet the economic situation has deteriorated. Significant risks remain, given the ongoing uncertainties surrounding US tariff policies and Germany's upcoming 'autumn of reforms'." Concurrently, the measure of current conditions fell for the second month in a row, reaching -76.4 from a previous -68.6, and underperforming market projections of -75.