Germany’s exports rose unexpectedly in October, with demand from beyond Europe offering a boost to the continent’s largest economy, which has teetered on the brink of recession in recent quarters. Exports grew by 1.2%, statistics office data showed on Monday, defying analysts’ predictions that it would shrink by 0.7%. That will raise hopes the manufacturing powerhouse can avoid contracting in the final quarter, despite a string of negative indicators in recent weeks. The surprise uptick was mirrored by the results of Sentix’s survey of investor sentiment, which showed market participants cheered by strong demand from non-Japan Asia, driving their expectations for the German economy to their most positive level in almost two years. The surprise increase in exports was mainly driven by strong demand from […]