Germany: Focus on ZEW figures today – TDS

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.”