Germany’s ZEW Economic Sentiment index surged significantly to from 3.6 to 13.1 in October, surpassing market expectations of 10.2. However, Current Situation Index dropped further into negative territory, falling from -84.5 to -86.9, slightly worse than forecast of -85.0. For the Eurozone, ZEW Economic Sentiment rose from 9.3 to 20.1, beating expectations of 16.9. Current […]
The post Germany’s ZEW jumps to 13.1 in Oct, driven by optimism on inflation and ECB rate cuts appeared first on Action Forex.
