DE30 fails to react to mixed ZEW data!

10:17 AM 15 August 2023

ZEW institute index for August (expectations) (Current: -12.3. Forecast: -14.5. Previously: -14.7)

Current conditions: -71.3 versus expectations of -63.0.

As the ZEW economists add, economic sentiment is improving, although the index remains in negative territory throughout. The end of the year, according to the economists, may bring more improvement in sentiment, but this will be mainly from the base effect of very weak sentiment now. Survey respondents no longer expect further interest rate rises by the FED and the ECB. DE30 is not reacting to the ZEW data reading. 

Share:
Back

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

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