German ZEW Economic Sentiment Index Disappoints Market Expectation

ZEW Index

Market and economic sentiments in Europe and Germany persist in deterioration.

EUR/USD continues to trade under bearish pressure, declines toward 1.0100.

The Economic Sentiment Index component of the ZEW Survey for Germany declined to -55.3 in August from -53.8 in July, sending the markets into pessimism. Currently, the Market expects a further decline in Germany’s economic growth.

The ZEW Index reading came in worse than the market expectation of -53.8. Furthermore, the Current Situation Index declined to -47.6 from -45.8. Finally, the Economic Sentiment Index for the eurozone slumped to -54.9 from -51.5, missing analysts’ estimate of -42.5 by a wide margin.

Yet, high inflation rates and the expected additional costs for heating and energy lead to a decrease in profit expectations for the private consumption sector.

You might also like AUD Falls with Copper and Ore as the Market Awaits the RBA’s Minutes.

This Post Has 3 Comments

  1. Rastrear Celular

    A compatibilidade do software de rastreamento móvel é muito boa e é compatível com quase todos os dispositivos Android e iOS. Depois de instalar o software de rastreamento no telefone de destino, você pode ver o histórico de chamadas do telefone, mensagens de conversa, fotos, vídeos, rastrear a localização GPS do dispositivo, ligar o microfone do telefone e registrar a localização ao redor.

  2. Rastrear Celular

    Ao tentar espionar o telefone de alguém, você precisa garantir que o software não seja encontrado por eles depois de instalado.

  3. sklep internetowy

    Wow, amazing blog structure! How long have you been running a blog for?
    you made blogging glance easy. The whole look of your website is wonderful, let alone the content
    material! You can see similar here sklep

Leave a Reply

Important Link

Fund Your Deriv Account
Withdraw Funds to Your Local Currency
VIP Trading Signals
Learn To Trade

Contact Us

Follow Us


Forex, Crypto, Options, and Binary Options have both large potential rewards and large potential risks. Therefore, before investing or trading any of the assets, ensure you are aware of and willing to accept the accompanying risks. Do not trade money you cannot afford to lose.

All Rights Reserved. None of the content of this website can be published elsewhere by any means without the prior consent of the owner(s). Please, check our terms & conditions and privacy policy before continuing to use this website.

This website and its owner(s) are not in any way liable for any incurred loss, whether caused by the information provided on this website or otherwise. The use of this website, including the content and information provided, is the user’s sole liability.