Read more

BREAKING: ZEW sentiment above expectation but remians weak!

10:02 AM 13 June 2023

German ZEW indices for June were released today at 10:00 am BST.

  • Economic sentiment: -8.5 vs -13.5 expected (-10.7 previously)

  • Current conditions: -65.5 vs -40.2 expected (-34.8 previously)

The main figure has fallen short of expectations, however, the forecasted reading appears to be slightly better, exceeding the predicted decline. ZEW emphasizes that, currently, experts aren't forecasting an economic recovery for the second half of 2023. Nonetheless, the prevailing recession is not regarded as exceedingly concerning.

DE30 Index slightly dropped after the publication but with no strong movements, M15 interval, source: xStation 5

Share:
Back

Market News

02.07.2025
13:16

BREAKING: EURUSD gains on negative ADP reading 📌

01:15 PM BST, United States - Employment Data for June: ADP Nonfarm Employment Change: actual -33K; forecast 99K; previous 29K; The...

 09:30

Chart of the day - Bitcoin (02.07.2025)

MicroStrategy has bought another 4,980 BTC for $531.9 million, bringing its total to 597,325 BTC Metaplanet, a Japanese firm, purchased 1,005...

 07:01

Economic calendar: ADP – the first US jobs report of the week 🎯

Today we’ll receive the first jobs report from the U.S. this week. Although its importance has declined somewhat recently, it remains a publication...
More news

Join over 1 600 000 XTB Group Clients from around the world

Start trading Download the app Download the app
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits