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.

ZEW says;

  • 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

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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