Germany: Expect a little improvement in the ZEW Current Conditions Index
|Analysts at TD Securities (TDS) expect Germany’s Current Conditions Index to improve slightly in April.
Key quotes
"We expect little improvement in the Current Conditions Index of the ZEW with a slight tick up to 14 (mkt: 15.6)."
"On the forward-looking Expectations Index, however, we expect more of a gain as banking system stress looks to be increasingly in the rear-view mirror. We forecast a gain to -40, roughly in line with the consensus."
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