We invite you to get insight on the EURGBP Analysis ahead of German ZEW Economic Sentiment. ZEW will also present its euro-wide sentiment indicator on Tuesday.
12 December, HotForex – Survey data from Mannheim-based think tank ZEW showed that Germany’s economic confidence climbed to a 6-month high in November.
The ZEW Indicator of Economic Sentiment for Germany grew to 18.7 in November as against 17.6 in October. This score was the highest since May when the rendering was 20.6. The outlooks for the German economy remain encouragingly positive.
EURGBP Analysis ahead of German ZEW Economic Sentiment
Inflation Day – Narrow ranges have prevailed so far today as market participants sit on their hands ahead of key data from key economies this week, the first of which arrives later in the form of UK November inflation data and the latest German ZEW investor survey, along with a plethora of central bank policy decisions. Cable has settled to a narrow oscillation just above yesterday’s three-session low at 1.3330.
This article about EURGBP Analysis ahead of German ZEW Economic Sentiment was written by Stuart Cowell, Market Analyst at HotForex. The provided article is a general marketing communication for information purposes only. It does not constitute an independent investment research. Nothing in this communication contains an investment advice or an investment recommendation. It also does not contain a solicitation for the purpose of buying or selling of any financial instrument.
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