ZEW disappointed, although . . . - ANZ

Ross J Burland FXStreet

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."

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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