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German ZEW Economic Sentiment Index improves to 39.3 in October vs. 40.5 expected
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In particular, the data of confidence for the tenth month of the year has increased to 39.3 integers, compared to 37.3 points compared to the previous month, although the assessment of the current situation in Germany has deepened its pessimism with a reading of -80 points, below -76.4 points in September.
German ZEW edges higher to 39.3, but Eurozone sentiment slips on French turmoil - Action Forex
Germany’s ZEW Economic Sentiment Index rose modestly in October to 39.3, up from 37.3 but below expectations of 41.7. Current Situation Index deteriorated further from -76.4 to –80.0, undershooting forecasts of –75.0. ZEW President Achim Wambach noted that experts “are still hoping for an upturn in the medium term,” but persistent global uncertainties and questions […] The post German ZEW edges higher to 39.3, but Eurozone sentiment slips on Fre…
Tuesday’s keys go through the Zew of economic sentiment in Germany corresponding to the month of October and the publication of the IMF’s World Economic Outlook (WEO), plus the results of Blackrock, J&J, Wells Fargo, JP Morgan, Citigroup, Goldman Sachs and Ericsson and some appearances from central banks. Broadly speaking, they count in Renta 4 that “for this week, from a macro point of view, outside the September IPC in the US.
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