Germany October ZEW survey now published 11 Oct
- 55.1 prev
- expectations 6.2 vs 4.0 exp vs 0.5 prev
- Eurozone expectations 12.3 vs 5.4 prev
More from the ZEW :
- improved sentiment is sign of robust economic activity
- industry and exports providing impulse for German economy
- risks concerning German banking sector are weighing on economic outlook
Much better than expected data but euro barely raising an eyebrow suggesting some decent sell in interest still floating around.
It is a survey of sentiment/intentions though rather than actual fact and markets are a lot more fussy recently about what matters and what doesn't. Not so long ago that headline would have sent euro pairs spiking higher.
EURUSD 1.1114 EURGBP 0.9044 EURJPY 115.44
