Germany May ZEW survey current situation 8.2 vs 6.3 expected

Latest data released by ZEW – 14 May 2019

  • Prior 5.5
  • Expectations -2.1 vs 5.0 expected
  • Prior 3.1
  • Eurozone expectations -1.6
  • Prior 4.5


Slight delay in the release by the source. Despite a rise in the assessment for current conditions, the outlook dipping back into negative territory signals that there is still much to be worried about. ZEW notes that the most recent escalation in US-China trade tensions has increased uncertainty regarding German exports again.

That and likely US auto tariffs to come will continue to heap pressure on the German economy and its outlook in the coming months. EUR/USD continues to hold steady around 1.1238 currently while EUR/GBP sits higher at 0.8683 on the day.

Articles You May Like

Weekly Trading Forecast: Trade War Sentiment Fluctuates Violently, Sabotages Risk Trends
EUR/USD buyers look to seize near-term control as dollar slips on the session
6 Forex Trading Beginner Tips
(LIVE SCALPING) HE DID IT AGAIN!!! – So Darn Easy Forex™
EURUSD tests the lows from last week

Leave a Reply

Your email address will not be published. Required fields are marked *