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Expectations Rise, Low Point of Situation Indicator Reached?

From zew.de

The ZEW Indicator of Economic Sentiment for Germany recorded a significant increase in the current October 2023 survey. At minus 1.1 points, it is 10.3 points above the previous month’s value. In addition, the assessment of the economic situation in Germany has stabilised. The corresponding indicator slightly fell by 0.5 points and currently stands at minus 79.9 points. “It seems that we have passed the lowest point. There’s a noticeable uptick in the economic expectations of financial market experts in October 2023. In contrast, the assessment of the current economic situation in Germany has barely changed. The ... (full story)

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  • Category: Fundamental Analysis