Germany: Focus on ZEW figures today – TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities suggest that in today’s session, German ZEW data will be the key economic release.

Key Quotes

“While our statistical models point to considerable downside risks in today's German ZEW figures, we think that the unwinding of some temporary factors such as low levels in the Rhine (a major transport route) should prevent any further deterioration, and look for a roughly unchanged Current Situation Index at 45.0 and a small gain in the Expectations Index to -15.0.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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