German ZEW Economic Sentiment Index jumps to 26 in February vs. 15.5 expected
Source Fxstreet
- Germany’s ZEW Economic Sentiment Index climbed to 26 in February.
- EUR/USD holds losses above 1.0450 after German and Eurozone ZEW surveys.
The headline German ZEW Economic Sentiment Index jumped to 26 in February from 10.3 in January, beating the market forecast of 15.5 by a wide margin.
The Current Situation Index improved to -88.5 in the same period, compared with January’s -90.4. Data beat the estimated -90 print.
The Eurozone ZEW Economic Sentiment Index came in at 24.2 in February versus 18 in January. The market expectations was for a 24.3 figure.
more to come ....
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Crypto Market Outlook: Bitcoin, Ethereum, and XRP Tumble as BoJ Hawkishness Sparks Risk-Off RoutBitcoin slides below $87,000, Ethereum leans on $2,800 support and XRP hovers around $2.00 as December opens with a risk-off tone, leaving BTC eyeing $80,600–$74,508, ETH exposed to $2,111 and XRP to $1.90 unless buyers can turn key levels into a base for a rebound.
Bitcoin slides below $87,000, Ethereum leans on $2,800 support and XRP hovers around $2.00 as December opens with a risk-off tone, leaving BTC eyeing $80,600–$74,508, ETH exposed to $2,111 and XRP to $1.90 unless buyers can turn key levels into a base for a rebound.
The Federal Reserve injected $13.5 billion into the banking system, signaling a significant liquidity boost for Bitcoin and risk assets, rivaling levels from the COVID-19 era.
Gold Price Forecast: XAU/USD flat lines near $4,200 ahead of US PCE inflation releaseGold price (XAU/USD) trades on a flat note near $4,205 during the early Asian trading hours on Friday. Rising US Treasury yields and upbeat US jobs data cap upside for the precious metal. Traders might prefer to wait on the sidelines ahead of the key US inflation data.
Gold price (XAU/USD) trades on a flat note near $4,205 during the early Asian trading hours on Friday. Rising US Treasury yields and upbeat US jobs data cap upside for the precious metal. Traders might prefer to wait on the sidelines ahead of the key US inflation data.
Bitcoin consolidates above $92,000 and the 100-hour SMA as traders eye a breakout toward $96,450 or a potential retracement to $90,500 support.
Bitcoin experiences significant volatility, dropping toward $87,000 ahead of a crucial Federal Reserve interest-rate decision.
