October 2017 German and Eurozone ZEW index 17 October 2017
- Prior 17.0
- Current conditions 87.0 vs 89.0 exp. Prior 87.9
- Eurozone sentiment 26.7 vs 31.7 prior
Disappointing numbers from the ZEW. No real reaction in the euro.
- Framewoork conditions for German exports have further improved by positive growth from Europe
- The fact that inflation is rising again, and expected to rise further also points to positive growth figures in Europe
- That makes a change in ECB policy more likely