ZEW disappointed, although . . . - ANZ
|Analysts at ANZ noted that the ZEW index of investor sentiment for Germany eased to 92.3 in February, from a series high of 95.2 in January.
Key Quotes:
"It was still the second highest reading for the index ever suggesting little impact from the recent volatility in markets.
The ZEW survey of expectations for the euro area was 29.3 vs 31.8. German producer prices rose 2.1% y/y in January vs 2.3% y/y.
Prices of intermediate goods rose 3.1% y/y and consumer goods prices rose 1.5% y/y. Capital goods prices rose 1.2% y/y."
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