German ZEW Institute issued a new set of sentiment indices for February today at 10:00 am GMT. Report was expected to show an improvement in Expectations subindex as well as deterioration in Current Conditions subindex. Actual data somewhat confirmed those expectations - Expectations subindex improved more-than-expected, while Current Conditions index deteriorated more-than-expected. ZEW Institute economists said that German economy is in a bad place and that more than two-thirds of survey responds expect ECB to cut rates over the next 6 months.
EUR ticked higher following the release, but scale of the move was very small. EURUSD ticked around 0.05% higher in a knee-jerk move. Similar gains could be seen on DE40 in the first minutes following the release.
Germany, ZEW Institute indices for February
- Current Conditions: -81.7 vs -79.0 expected (-77.3 previously)
- Expectations: +19.9 vs +17.5 expected (+15.2 previously)
EURUSD ticked higher following mixed German ZEW reading, but scale of the move was very small. Source: xStation5
أرامكو السعودية تحقق نتائج مالية قوية في الربع الثالث 2026 وتتجاوز توقعات الأسواق
شريان تجاري جديد: «موانئ دبي العالمية» تطلق خط «China Africa Link» لتعزيز التجارة بين الصين وأفريقيا
الاقتصاد السعودي يعزز تنوعه غير النفطي لمواجهة الأزمات وتقلبات أسواق الطاقة
مجموعة الحبتور تقرر الإنسحاب الكامل من لبنان وبيع جميع أصولها واستثماراتها