Germany ZEW Survey September 2017

Germany’s Zew survey comes better in than expected

• Economic sentiment 17 vs 12.5 expected and 10.0 prior
• Current situation 87.9 vs 86.2 expected and 86.7 prior
• Euro Zew Survey comes in at 31.7 vs 32.4 expected and 29.3 prior

  Comments From the Zew economists :

• – An improved morale due to solid Q2 GDP growth, rise in bank lending and investment by both govt and private companies make up for the better readings
  – There’s no uncertainty expected in the upcoming German elections
  – They have no concerns over a stronger Euro currency

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K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here

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