Tag Archives: German ZEW

German investor confidence rises in November

German economic confidence data released on Tuesday show signs that an economic turn-around in Germany is getting stronger. The ZEW index gave a reading for the first time in positive territory since May , rising to 6.9 points from 15.7 in November, coming in well above expectations for a reading of -12.0. A reading above 0.0 indicates optimism and below indicates pessimism. The ZEW think...

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December 11, 2012 @ 11:03 am

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German investor confidence rises in November

German economic confidence data released on Tuesday show signs that an economic turn-around in Germany is getting stronger. The ZEW index gave a reading for the first time in positive territory since May , rising to 6.9 points from 15.7 in November, coming in well above expectations for a reading of -12.0. A reading above 0.0 indicates optimism and below indicates pessimism. The ZEW think tank...

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December 11, 2012 @ 11:03 am

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Euro Down 83 Pips On The Day as Post-QEX Rally Stalls

The EUR/USD pair is trading down 83 pips on the day as the stimulus induced risk on rally starts to stall. The pair has been slowly drifting lower all day, going from its open at 1.3116 to 1.3033, where its trading at the moment. No major news were reported during the day but we had several important news releases that we will cover below. The German ZEW Economic Sentiment survey came in...

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September 18, 2012 @ 5:47 pm

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Dollar Majors Mostly Flat On The Day + News Recap

The Dollar Majors are set to close almost unchanged on the day despite a series of economic reports from the Eurozone, the U.K. and the United States. Just before London Open today, the preliminary French GDP data came out, consensus was for a fall of 0.1% in the second quarter, after flat growth in the first. The number came in flat just like the first quarter, so little better then expected....

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August 14, 2012 @ 7:18 pm

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