US EditionGerman ZEW surges to 47.5, points to post-stagnation recovery - Action Forex
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German ZEW surges to 47.5, points to post-stagnation recovery - Action Forex
Investor confidence in the Eurozone surged in June, with ZEW Economic Sentiment readings for both Germany and the wider region easily beating expectations. Germany’s headline sentiment index jumped from 25.2 to 47.5, well above the expected 34.5, while the current situation gauge improved from -82 to -72. Eurozone-wide, sentiment rose from 11.6 to 35.3, and […] The post German ZEW surges to 47.5, points to post-stagnation recovery appeared first…
Berlin - Investor confidence in the German economy rose more than expected in June, the ZEW economic institute said today. Its confidence index rose to 47.5 points from 25.2 points in May. Analysts polled by Reuters had expected the index to reach 35 points.
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