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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
GERMAN DATA
GERMANY FEB ZEW ECONOMIC SENTIMENT +71.2; JAN +61.8
GERMANY FEB CURRENT CONDITIONS -67.2; JAN -66.4
- ZEW Expectations increased Feb, rising 9.4pt to 71.2, stronger than the market median (BBG: 60).
- This marks the highest reading since Sep and a third consecutive gain.
- The ZEW Current Conditions deteriorated marginally in Feb, down 0.8pt to -67.2 - a weaker reading than anticipated (BBG: -66.0)
- While the assessment of the current situation remained at a low level for the past six months, financial market experts were more optimistic about the future.
- "Consumption and retail trade in particular are expected to recover significantly, accompanied by higher inflation expectations," comments ZEW President Professor Achim Wambach on expectations.
- Economic sentiment in the Eurozone rose as well by 11.3pt to 69.6in Feb, while current conditions edged up by 4.3pt to -74.6.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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