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June 2016 German ZEW economic sentiment 19.2 vs 4.7 exp

June 2016 German ZEW economic sentiment survey 21 June 2016

  • Prior 6.4
  • Current conditions 54.5 v s53.0 exp. Prior 53.1
  • Eurozone ZEW expectations 20.2 vs 16.8 prior

The highest for nearly a year on the headline number and the euro does nothing at 1.1335.

Comments from ZEW

  • Improved sentiment shows the confidence in the resilience of the German economy
  • Outlook still clouded by difficult global conditions and uncertainty over Brexit

We'll see how that matches up with the Bundesbank's view that Q2 will see a sharp slowdown.

German ZEW

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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