Prior -68.6Economic sentiment 37.3 vs 26.3 expectedPrior 34.7
The headline reading shows another marked drop in existing German economic conditions but at least there is a surprise beat on the outlook estimate. That especially after the drop in the month before on the latter. Some better investor morale will at least help the ECB in their conviction to keep policy as it is in the final quarter this year.
This article was written by Justin Low at investinglive.com.