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18.11.2014 17:17

ZEW sentiment improves in November

ZEW Survey - Economic Sentiment improved in November from -3.6 last month to +11.5 beating forecasts by 10.6 being at the highest for four months. Eurozone Economic Sentiment improved from 4.1 to 11, analysts predicted the index to climb to 4.3 easing negative sentiment over Eurozones and Germanys economic outlook. European stock markets continue to rise.

Market focus

  • German economy continues to underperform in August - IHS Markit
  • Gaps remain with U.S. on trade after 'very tough' talks - Japanese Economy Minister
  • FOMC meeting minutes showed the central bank intends to remain flexible regarding future changes to interest rates.
  • IMF: currency devaluations due to policy easing cannot improve trade balance
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