German Economic Sentiment Rebounds As Covid-19 Concerns Ease

German economic confidence improved strongly in April to its highest level in nearly five years, as financial market experts turned optimistic though their assessment of the current situation hit a near 11-year low amid the lockdown triggered by the coronavirus, or Covid-19, pandemic. The ZEW Indicator of Economic Sentiment advanced 77.7 points to 28.2 points in April from -49.5 in March.Original Article