German ZEW to post another modest decline in July – Danske Bank

Sandeep Kanihama FXStreet Contributor

The German ZEW expectations is due for release today and analysts at Danske Bank are estimating another modest decline in July.

Key Quotes

“The lack of continued progress in the expectations component is, however, likely to reflect a very strong existing situation as reflected in the current assessment indicator, which points to staying at levels seen only in 2007 and 2011.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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