German ZEW rose to 46.0, optimism is growing, but catching-up will take a long time

<p>German ZEW Economic Sentiment rose to 46.0 in May, up from 25.2, beat expectation of 27.4. That’s the second increase in a row. However, Current Situation Index dropped slightly by -2.0 to -93.5, below expectation of -87.8. Eurozone ZEW Economic Sentiment rose to 51.0, up from 28.2, beat expectation of 30.0. Current Situation Index also […]</p>
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