German ZEW Economic Sentiment

This article includes an explanation of the German ZEW economic sentiment index and its impact on the markets, as well as expectations for today's data and the timing of the release of the statement.

ZEW Economic Sentiment

The ZEW Index of Eurozone Economic Sentiment rose 4.9 points to 25.9 in November 2021 from its lowest level of more than 1-1/2 in October. In November, 39.6 percent of analysts surveyed expected an improvement in economic activity, 13.7 percent expected it to get worse, and 46.7 percent expected no changes. At the same time, the indicator of the current economic situation in the euro area decreased by 4.3 points to 11.6, while inflation expectations fell to 14.3.

Estimate for today's data is 22.4
The statement will be issued at 12 noon Beirut time

German ZEW Economic Sentiment

The Economic Confidence Index defines: Institutional Investor Confidence. The monthly index reflects the difference between the number of optimistic investors and the number of pessimistic investors. The positive level means that the number of optimists exceeds the number of pessimists, which positively affects the currency

The ZEW index of economic sentiment for Germany jumped to 31.7 in November 2021 from 22.3 in October, beating market expectations of 20. Financial market experts are more optimistic about the next six months and expect a rebound in growth and a decline in inflation in the first quarter of 2022, both in Germany and the eurozone. On the other hand, the measure of current conditions fell to 12.5 from 21.6, below expectations of 18, as supply bottlenecks for raw materials and intermediate products and high inflation are expected to have a negative impact on economic development in the current quarter

The estimate for today's data is 25.3 
The statement will be issued at 12 noon Beirut time

Tags : EUR