January 2017 German ZEW economic sentiment index report 17 January 2017
Prior 13.8
Current conditions 77.3 vs 65.0 exp. Prior 63.5
The numbers show that investors are still nervous about the future but are still ready to invest if those fears don't materialise.
Zew says;
Rise in sentiment is mainly due to the improved economic situation in European countries
Fairly good flash German GDP numbers and Eurozone industrial production in Nov, were a surprise to many
Improvement in expectations can be seen as a leap of faith
German Zew expectations and current conditions
