Prior -72.0Economic sentiment 52.7 vs 50.3 expectedPrior 47.5
The positive upturn in sentiment is firming even more as we get into Q3. ZEW notes that despite ongoing global uncertainty, nearly two-thirds of respondents expect the German economy to continue to improve. Adding that hopes for a quick resolution to the US-EU trade dispute and economic stimulus from the German government are helping to underpin the overall mood.
This article was written by Justin Low at www.forexlive.com.