Germany: Focus on ZEW expectations – Danske Bank

Research Team at Danske Bank, suggests that in the Eurozone, German ZEW expectations are due out today and will be keenly watched by the investors

Key Quotes

“Since July, ZEW expectations have followed a rising tendency to 13.8 in November but the December figure may bring this tendency to a halt. The Sentix released last week saw an unexpected fall, which maybe reflected the uncertainty related to the Italian referendum. However, although the 'no' vote in Italy on the Sunday caused an initial fall in equities on the Monday morning, they quickly recovered within the first few hours of the day. Therefore, we expect a somewhat unchanged ZEW with a risk of a small decrease.”