Advertisement
UK markets closed

  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     

  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     

  • CRUDE OIL

    83.34
    +1.44 (+1.76%)
     

  • GOLD FUTURES

    2,338.70
    -7.70 (-0.33%)
     

  • DOW

    38,506.74
    +266.76 (+0.70%)
     

  • Bitcoin GBP

    53,592.45
    +238.09 (+0.45%)
     

  • CMC Crypto 200

    1,436.58
    +21.82 (+1.54%)
     

  • NASDAQ Composite

    15,723.21
    +271.90 (+1.76%)
     

  • UK FTSE All Share

    4,378.75
    +16.15 (+0.37%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

German investor morale falls as shortages hold back recovery - ZEW

Reuters
·1-min read
The spread of the coronavirus disease (COVID-19) continues in Frankfurt

BERLIN (Reuters) - Investor sentiment in Germany deteriorated for the fourth month in a row in September as investors expect raw material scarcity and chip shortages to slow the recovery in Europe's largest economy, a survey showed on Tuesday.

The ZEW economic research institute said its survey of investors' economic sentiment fell to 26.5 from 40.4 points in August. A Reuters poll had forecast a fall to 30.0.

"Market experts expect the economic situation to improve. Yet the scope and dynamics of the recovery have been significantly reduced," ZEW President Achim Wambach said in a statement.

"Chip shortages in the automotive sector and scarcity of resources in construction have significantly impacted expectations in those sectors."

A separate ZEW gauge of current conditions rose to 31.9 from 29.3 in August. That compared with a consensus forecast for 34.0 points.

(Reporting by Joseph Nasr and Rene Wagner; Editing by Paul Carrel)