Investor confidence falls unexpectedly Germany. In May, the relative the Zew index, which measures institutional investors' confidence in expectations about the country's economy, fell again to 41,9 points, up from 53,3 of the previous month.
The expectations of analysts, who had predicted a more contained drop, to 49 points, were disappointed. The index relating to confidence on the current conditions of the German country's economy fell to 65,7 points from 70,2 points (consensus 68 points), while that relating to expectations on the economy of Euroland fell to 61,2 points from 64,8 points in the previous survey.