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- German ZEW economic sentiment tops forecast; highest since 2009
German ZEW economic sentiment tops forecast; highest since 2009
The ZEW
Indicator of Economic Sentiment for
The latest
reading is the highest since October 2009, ZEW said.
"Economic
expectations for
Meanwhile,
the current conditions index dropped to 28.7 from 29.7, in contrast to
expectations of an improvement to 31.
Economic
expectations for the Eurozone have slightly increased in November, with the
corresponding index climbing to 60.2 from 59.1. The indicator for the current
economic situation shed 0.7 points to a level of minus 61.6.
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