Latest ZEW survey now out.
- 29.7 prev
- current conditions 65.7 vs 64.3 exp vs 63.9 prev
Eurozone ZEW economic sentiment 47.6 vs 43.9 exp vs 42.7 prev
Mixed data but German expectations definitely softer leave Euro little changed for the moment
Says ZEW president Fuest
"The German economic engine is still running smoothly. However, under the current geopolitical and global economic circumstances a substantial improvement of the economic situation in Germany over the medium term is improbable. That is why economic sentiment has declined",
EURUSD 1.1035 EURGBP 0.7075 EURJPY 137.70
DAX posting session lows, down 1.4%
German ZEV econ sentiment mm
Eurozone ZEW econ sentiment mm