German 10Y Bunds gain after weak ZEW reading 🏛️

11:13 AM 12 November 2024

ZEW Index of Current Economic Conditions:

  • Value: -91,4
  • Forecast: -85.9
  • Previously: -86,9

ZEW Index of Economic Sentiment:

  • Value: 7.4
  • Forecast: 13
  • Previously: 13,1

Key comments added to the publication:

  • ECONOMIC SENTIMENT HAS DECLINED - AND THE OUTCOME OF THE US PRESIDENTIAL ELECTION IS LIKELY TO BE THE MAIN REASON FOR THIS.

  • ECONOMIC EXPECTATIONS FOR GERMANY HAVE BEEN OVERSHADOWED BY TRUMP'S VICTORY AND THE COLLAPSE OF THE GERMAN GOVERNMENT COALITION

Very poor figures, and it once again highlights the negative conditions as well as outlook percolating in the German economy.

 

Source: xStation 

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