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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

German Economic Sentiment Remains Steady According to ZEW

December, 14 2016
watermark Economic news

The economic sentiment for Germany remained constant for this month as it was supported by a better-than-expected economic growth which is predicted to last for the next six months, as it was stated in the economic research made by ZEW on Tuesday. The research center mentioned that the sentiment results is 13.8 points for December which is similar to November's figure. But for the past four months, the economic outlook rose consecutively.

The forecast from The Wall Street Journal is 14.8 points which are below the final outcome, the same with the survey for long-term average which resulted in 24.0 points.

Achim Wambach, the President of ZEW said that the tensions in the banking sector of Italy, as well as the political dilemma in Europe, have toned down at this time.

The monthly survey of ZEW includes the evaluation from institutional investors and investment analysts, however, profuse economists opt to rely on major economic indicators like PPI to measure the current condition of Europe.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.