Results from the latest German ZEW survey now out 19 April
- expectations 11.2 vs 8.0 exp vs 4.3 prev
- Eurozone expectations 21.5 vs 10.6 prev
Weaker headline but better expectations and that's providing euro support. EURUSD still around 1.1330 and EURGBP 0.7910. EURJPY underpinned still but failing into 124.00 offers/res
This survey summarizes the net percentage of positive and negative responses regarding the expectations for economic growth in the next 6 months, as given by financial analysts from banks, insurance companies and large industrial enterprises. For example, if 50% believe that the economic situation will improve and 20% believe it will get worse, the result will be +30.
