Germany April ZEW survey current conditions -79.2 vs -76.0 expected
 

• Prior -80.5
• Economic sentiment (Outlook) 42.9 vs 35.0 expected
• Prior 31.7

The headline reading is worse than expected but the bright side is at least the outlook reading was a beat on estimates. That reaffirms that underlying conditions in the German economy are still a struggle but with ECB rate cuts lined up, there is some hope for optimism. Well, for now at least.

This article was written by Justin Low at www.forexlive.com.

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