Germany’s ZEW Economic Sentiment index took a significant hit in August, falling sharply from 41.8 to 19.2, well below the expected 30.6. This marks the steepest monthly decline since July 2022. Current Situation Index also worsened, dropping from -68.9 to -77.3. Similarly, Eurozone’s ZEW Economic Sentiment index fell from 43.7 to 17.9, missing expectations of […]
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