German consumer confidence finally takes a breather, -29.8 compared to -33.1 looks better, but the fire in the Middle East is still burning.

CryptoWorld News: Germany's Consumer Confidence Index rebounded in June, with the forecast rising from -33.1 in May to -29.8, indicating a slight improvement in consumer confidence. Survey leader Rolf Birkel stated that the outlook for income has significantly improved, coupled with a decrease in savings willingness and an increase in purchasing intent, supporting the consumer confidence index. Although the impact of the Middle East war is still evident, some geopolitical uncertainties seem to have been absorbed by the market, and the German government has also shown signs of potential financial relief. However, Birkel added that the impact of the conflict has essentially not changed and continues to weigh on consumers.