German investor confidence leaps higher as falling oil prices, weak euro fuel optimism

December 16, 2014 9:45 AM

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BERLIN – A survey is showing a sharp rise in German investor confidence, with falling oil prices and a weaker euro among factors fueling optimism in Europe's biggest economy.

The ZEW institute said Tuesday that its monthly index, which measures investors' economic outlook for the next six months, spiked 23.4 points to 34.9 in December. That was the second consecutive increase and took the index above the long-term average of 24.4.

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