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February 2016 German ZEW economic sentiment 1.0 vs 0.0 exp

February 2016 German ZEW economic sentiment survey data 16 February 2016

  • Prior 10.2
  • Current conditions 52.3 vs 55.5 exp. Prior 59.7
  • Eurozone ZEW 13.6 vs 22.7 prior

Expectations drop to next to zero and current conditions are deteriorating rapidly

ZEW says;

  • The global economy and uncertainty over falling oil prices is weighing on expectations
  • Given these developments, concern about increased credit default risks has already pushed down share and bond prices of European banks
  • Also applies to banks in US and Japan

The euro is uninterested at 1.1180

German ZEW expectations

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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