16 Jun 2015
German ZEW economic sentiment index expected to decline – Nomura
FXStreet (Barcelona) - Research Analysts at Nomura expect the volatility in financial markets to drive the German ZEW economic sentiment index down for the 3rd month straight.
Key Quotes
“We expect the German ZEW economic expectations index to decline for the third consecutive month to 36.5 in June after 41.9 in May. Although economic data continue to support the ongoing recovery, we expect the recent continued volatility in stock and bond markets to be the main driver behind a further decline in sentiment.”
Key Quotes
“We expect the German ZEW economic expectations index to decline for the third consecutive month to 36.5 in June after 41.9 in May. Although economic data continue to support the ongoing recovery, we expect the recent continued volatility in stock and bond markets to be the main driver behind a further decline in sentiment.”