Germany December ZEW survey current conditions -77.1 vs -76.0 expected

<ul><li>Prior -79.8</li><li>Outlook 12.8 vs 8.8 expected</li><li>Prior 9.8</li></ul><p>The readings point to a continued slight improvement in the assessment of the German economy. However, ZEW notes that a lot of the renewed optimism – especially on the outlook – is due to the share of respondents expecting interest rate cuts by the ECB in the medium-term has doubled.</p>

This article was written by Justin Low at www.forexlive.com.