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Data: ZEW; Chart: Axios Visuals

The September reading of the eurozone’s ZEW survey of economic growth expectations rose 10 points from August to 73.9, the highest level in 16 years.

By the numbers: The September reading of Germany’s ZEW survey also rose, hitting 77.4, which is up six points and about eight points higher than the estimate.

  • The survey results for the current situation was a full 15 points higher than the month before.
  • The index was last positive in June 2019.

What they're saying: “The ZEW Indicator has increased again, signalling that the experts continue to expect a noticeable recovery of the German economy,” said ZEW president Achim Wambach.

  • “Stalled Brexit talks and rising COVID-19 cases could not dampen the positive mood.”

Go deeper

Dion Rabouin, author of Markets
Oct 12, 2020 - Economy & Business

Markets ride the blue wave

Illustration: Eniola Odetunde/Axios

Markets got a shot in the arm from fiscal stimulus expectations last week, but it's not negotiations between House Speaker Nancy Pelosi and the Trump administration that's got investors' attention — it's the largesse of spending expected from Pelosi, President Joe Biden and a Democratic Senate in 2021.

What's happening: Trump's polling numbers have fallen through the floor since the first presidential debate on Sept. 29.

11 mins ago - Politics & Policy

Congressional Hispanics want Lujan Grisham at HHS

Michelle Lujan Grisham arriving on Capitol Hill. Photo: Tom Williams/CQ Roll Call

Hispanic lawmakers are openly lobbying to have New Mexico Governor Michelle Lujan Grisham be named Health and Human Services secretary, according to a letter obtained by Axios.

Why it matters: These members are now following the example some Black lawmakers have used for weeks: trying to convince Joe Biden his political interests will be served by rewarding certain demographic groups with Cabinet picks.

3 hours ago - World

Map: A look at world population density in 3D

This fascinating map is made by Alasdair Rae of Sheffield, England, a former professor of urban studies who is the founder of Automatic Knowledge. It shows world population density in 3D.

Details: "No land is shown on the map, only the locations where people actually live. ... The higher the spike, the more people live in an area. Where there are no spikes, there are no people (e.g. you can clearly identify ... the Sahara Desert)."