September 17, 2024 at 10:00AM
Prior -77.3
Economic sentiment 3.6 vs 17.0 expected
Prior 19.2
German investor sentiment dropped in September with the outlook also tumbling lower on the month. It’s a setback to hopes for a recovery in the economic situation. ZEW notes that there is now a noticeable decline in economic expectations. And that most respondents have already factored the ECB’s policy path into their expectations.
This article was written by Justin Low at www.forexlive.com.
Germany September ZEW survey current conditions -84.5 vs -80.0 expected