German investor sentiment rises as Brexit shock eases

Investor confidence in Germany rebounded slightly in August, as the shock over Britain's vote to leave the European Union began to wear off, a leading survey showed on Tuesday. The investor confidence index calculated by the ZEW economic institute gained 7.3 points to stand in positive territory at 0.5 points in August, recovering from a massive 26-point slump in July that had brought the index to minus 6.8 points. The index shows a "recovery somewhat from the Brexit shock," said the institute's