Germany ZEW Survey: Summary Of Analyst Econ. Sentiment

Release for: February 2018

Survey among 211 analysts between February 5 and February 19, 2018

Source: Center for European Economic Research. ZEW

*Change In Level From Previous Month

               Euro-zone         Germany           France            Italy

                   Level         Balance          Balance          Balance

                 Balance  Chg*     Level  Chg*      Level  Chg*      Level  Chg*

--------------------------------------------------------------------------------

Current

economy (1          57.7   1.3      92.3  -2.9       32.0   7.7       -8.2   2.3

Economic

expectations

(1                  29.3  -2.5      17.8  -2.6       39.0   2.0       15.3  -5.6

CPI(2               62.1   4.6      66.0   4.6       62.2   8.4       57.3   9.0

Short-term

interest

rates(2             14.6   1.8      #N/A  #N/A       #N/A  #N/A       #N/A  #N/A

Long-term

interest

rates(2             #N/A  #N/A      58.6  -9.0       #N/A  #N/A       #N/A  #N/A

Stock market

prices(2            53.5  -0.0      52.0  -1.0       43.2  -3.6       29.2  -0.8

--------------------------------------------------------------------------------

                         UK            USA          Japan

                    Balance        Balance          Level

Long-term             Level  Chg*    Level  Chg*  Balance  Chg*

---------------------------------------------------------------

Current economy (1     -3.4  -1.0     86.4   4.5     34.7  -4.0

Economic

expectations (1       -45.3  -4.2     30.7  -0.2     15.3  -3.4

CPI (2                 46.4   2.9     80.7   6.6     34.6   1.4

Short-term

interest rates (2      45.5   9.9     89.6   2.6      8.8   3.2

Long-term

interest rates (2      55.1  -5.3     77.8  -5.9     27.8  -0.6

Stock market

prices (2               8.1   4.2     43.8   6.1     44.3   4.3

---------------------------------------------------------------

                 US Dollar    Yen     Sterling     Swiss Franc  

Exchange rates

-----------------------------------------------------------

vs euro (3      28.7  8.4  6.0  5.5  -38.5  - 3.9  1.0  4.6

*(1 Balance between those who expect an improvement and those 

who expect a deterioration.

(2 Balance between those who expect an increase and those who 

expect a decline.

(3 A negative balance indicates an expected depreciation of the 

currency vs the euro. A positive an appreciation.

--MNI Frankfurt Bureau; +49 69-720-142; email: anna.uvarova@marketnews.com.com

[TOPICS: MTABLE,MAGDA$,M$E$$$,M$G$$$,M$X$$$]