Forex

German ZEW Financial Sentiment Index rebounds to 25.2 in Might vs. 11.9 anticipated

  • Germany’s ZEW Financial Sentiment Index bounced again to 25.2 in Might.
  • EUR/USD consolidates restoration features above 1.1100 after German and Eurozone ZEW surveys.

The headline German ZEW Financial Sentiment Index rebounded to 25.2 in Might from -14 in April, beatimh the market consensus of 11.9 by a large margin.

The Present State of affairs Index eased barely to -82 in the identical interval, as towards the April studying of -81.2. Knowledge beat the estimated -77 studying.

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