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German ZEW - Better than expectations

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    German ZEW investor confidence better than expected , with the headline reading rising to 11.2 from 4.3 in the previous month and versus our median of 8.0. The current conditions indicator meanwhile came in weaker than expected at just 47.7, down from 50.7 in March. This confirms that the overall improvement mainly reflects a stabilisation in market confidence and receding risk aversion, while actual conditions in the German economy are pointing to a loss of momentum in the second quarter

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