Germany: ZEW likely to show some improvement – TD Securities

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities suggest that markets are looking for a small improvement in the September German ZEW survey, but they think that there may be some further weakness to come, particularly for the current situation as the reality of a technical recession takes hold.

Key Quotes

“We look for the current situation to slip from -13.5 to -15.5 (mkt -13.0), and for expectations to fall from -44.1 to -44.5 (mkt -37.8). There are also several ECB speakers today, with Villeroy at both 10:40am and 5:30pm BST, Lane at 5:45pm, and Coeuré at 6:10pm.”

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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