German investor confidence continues to rise.

The figures bode well for Europe’s biggest economy.

The poll carried out by the German think-tank ZEW rose to 48.4 percent up from 39.4 in December.

Low oil prices and a weak euro boosted confidence.

The better than expected figures come as the ECB is due to meet later this week to discuss plans to introduce a round of economic stimulus measures, which the bank has so far resisted.