Germany’s ZEW Economic Sentiment declined from 34.7 to 28.1 in October, missing market expectations of 31.6 and reversing part of the steady improvement recorded over the summer. However, the Current Situation index improved sharply from -47.1 to -35.9, comfortably exceeding expectations of -45.0. The divergence suggests that Germany’s economy is gradually emerging from stagnation, but […]

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