Germany April ZEW survey current conditions -79.2 vs -76.0 expected
Prior -80.5Economic sentiment (Outlook) 42.9 vs 35.0 expectedPrior 31.7The headline reading is worse than expected but the bright side is at least the outlook reading was a beat on estimates. That reaffirms that underlying conditions in the German economy are still a struggle but with ECB rate cuts lined up, there is some hope for optimism. Well, for now at least. This article was written by Justin Low at www.forexlive.com.
- Prior -80.5
- Economic sentiment (Outlook) 42.9 vs 35.0 expected
- Prior 31.7
The headline reading is worse than expected but the bright side is at least the outlook reading was a beat on estimates. That reaffirms that underlying conditions in the German economy are still a struggle but with ECB rate cuts lined up, there is some hope for optimism. Well, for now at least.
