Free Trial
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.
GERMAN DATA
GERMANY MAR ZEW ECONOMIC SENTIMENT +76.6; FEB +71.2
GERMANY MAR CURRENT CONDITIONS -61.0; FEB -67.2
- ZEW Expectations increased further in Mar, rising 5.4pt to 76.6, stronger than the market median (BBG: 74.0).
- This marks the highest reading since Sep and a fourth consecutive gain.
- Over the first quarter, Expectations gained more than 20 points.
- The ZEW Current Conditions improved in Mar, up 6.2pt to -61.0 - slightly better than anticipated (BBG: -61.5)
- Nevertheless, the the current conditions index remains in deep negative territory, hence the divergence between the expectations and the current situation persists.
- Financial market experts expect a broad-based recovery of the German economy, says ZEW President Achim Wambach, as experts anticipate 70% of the population will be offered the vaccine by autumn.
- However, experts also forecast higher inflation and higher long-term interest rates, Wambach added.
- Economic sentiment in the Eurozone rose as well by 4.4pt to 74.0 in Mar, while current conditions edged up by 4.8pt to -69.8.
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok