10:00 AM BST, Germany - German ZEW Economic Sentiment for May:
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actual 25.2; forecast 11.3; previous -14;
10:00 AM BST, Germany - German ZEW Current Conditions for May:
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actual -82; forecast -77; previous -81.2;
The German ZEW Economic Sentiment came in higher than expected. However, the decline in Current Conditions was higher than forecast and dropped to -82 points. EURUSD remains muted following the publication, as investors focus on possible US CPI data.
Daily summary - Government stays shut, Market declines, crypto recovers
Extended decline at the end of a week! 🚨
US OPEN: Market extends decline at the end of the week
BREAKING: University of Michigan sentiment declines! 📉