German’s ZEW rises to 15.2 on rate cut expectations

Germany’s ZEW Economic Sentiment rose from 12.8 to 15.2 in January, above expectation of 12.7. Current Situation index fell slightly from -77.1 to -77.3, below expectation of -77.0. Eurozone ZEW Economic Sentiment fell from 23.0 to 22.7, above expectation of 21.9. Current Situation index rose 3.4 points to -59.3. ZEW President Achim Wambach noted that […]

The post German’s ZEW rises to 15.2 on rate cut expectations appeared first on Action Forex.