BREAKING: ZEW index from Germany suggests rebound in economy

The ZEW Sentiment Index from Nimetz is performing above expectations and indicating an improvement in sentiment for the third consecutive month.

German ZEW Economic Sentiment Actual 9.8 (Forecast 5, Previous -1.1)
German ZEW Current Conditions Actual -79.8 (Forecast -77, Previous -79.9)

ZEW Index suggests that Germany's economic development may have reached its lowest point and is starting to recover. Centre for European Economic Research (ZEW) notes that there is a heightened economic expectation, particularly in the German industrial sector, which is now viewed with a significantly more optimistic outlook.

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