Sharp Downturn in Expectations

Sharp Downturn in Expectations

From zew.de

The ZEW Indicator of Economic Sentiment for Germany decreased sharply in February, falling 18.0 points to a new reading of 8.7 points. The indicator is thus slightly below its December 2019 level. The assessment of the economic situation in Germany has also worsened compared to the previous month, with the corresponding indicator dropping to a level of minus 15.7 points, 6.2 points lower than in January. “The feared negative effects of the Coronavirus epidemic in China on world trade have been causing a considerable decline of the ZEW Indicator of Economic Sentiment for Germany. Expectations regarding the ... (full story)

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Feb 18, 2020 4:35am

IMHO .. A reasonable reaction. And a reflection on global economy, given Germanys central role as canary in the coalmine. Difficult to reconcile financial and equity markets exuberance.

Banditten

Feb 18, 2020 4:46am

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There is no reconciliation between the current equity developments and the underlying financial performance/sentiment. I have stopped looking for such long ago. Just gotta respect it and move on. And when the ship starts to take on water reboot positions.

afevir

Feb 18, 2020 7:46am — Edited

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wow It's marking strong this time

Momofrmnyc

Feb 18, 2020 9:26am

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Quoting Ghass1234

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Eur is still dying , no rebound i think before a while

Ignored

Lol I thought it was buy at 1.08500 just last week.

PipsMatter

Feb 18, 2020 4:56am

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Oh boy! Beautiful for selling the DAX!

We are still selling it, but here's a recap video from yesterday were we found "the perfect" sell setup based on our trading system!

The videos pretty short (5mins) and explains exactly why we sold the DAX.

https://www.primedtraders.com/post/the-perfect-sell-trade-dax