German ZEW Economic Sentiment Index rebounds to 25.2 in May vs. 11.9 expected

By: bitcoin ethereum news|2025/05/13 19:00:51

Germany’s ZEW Economic Sentiment Index bounced back to 25.2 in May. EUR/USD consolidates recovery gains above 1.1100 after German and Eurozone ZEW surveys. The headline German ZEW Economic Sentiment Index rebounded to 25.2 in May from -14 in April, beatimh the market consensus of 11.9 by a wide margin. The Current Situation Index eased slightly to -82 in the same period, as against the April reading of -81.2. Data beat the estimated -77 reading. The Eurozone ZEW Economic Sentiment Index came in at 11.6 in May from -18.5 in April. The market expectations was -3.5. Key points Expectations are brightening. With a new government in place, some progress in the tariff disputes and a stabilising inflation rate, optimism has increased. Outlook has improved in particular for banking, automobile, chemical, metal, machine and steel sectors. Market reaction The EUR/USD pair defends gains after the mixed German and Eurozone ZEW surveys. The pair is adding 0.17% on the day to trade near 1.1105, as of writing. Source: https://www.fxstreet.com/news/german-zew-economic-sentiment-index-rebounds-to-252-in-may-vs-119-expected-202505130902

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