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
Natural Gas sinks to pivotal level as China’s demand slumpsNatural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
The dollar weakened, equities fell, and gold set new records on Wednesday as investors waited for a Fed rate cut later in the day.
ECB Policy Outlook for 2026: What It Could Mean for the Euro’s Next MoveWith the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
With the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
Silver (XAG/USD) lacks a firm intraday direction and oscillates in a narrow range during the Asian session on Wednesday as traders opt to wait on the sidelines ahead of the crucial FOMC rate decision.
Gold price (XAU/USD) faces some selling pressure near $4,830 during the early Asian session on Thursday.
Related Instrument
