Germany ZEW Survey - Economic Sentiment improves more than expected to 26.3 in July
German ZEW Survey - Economic Sentiment arrives at 26.3 in July, beating the estimates of 18.0 and the June reading of 10.5.
The ZEW Survey - Current Situation improve to -77.6 from the previous reading of -81.0.
In the Eurozone, the ZEW Survey - Economic Sentiment also improved significantly. The sentiment data arrives at 23.4, higher than estimates of 11.2 and the prior release of 9.5.
Market reaction
No significant impact is seen in the Euro (EUR), following the release of the German ZEW Survery - Economic Sentiment data.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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