Germany

Yesterday the Euro got a boost after French and particularly German PMI data substantially beat expectations. Of course, that was more measuring the current situation. The IFO survey is important because it asks businesses to evaluate…
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There is reason to expect that the December ZEW Economic Survey will do better than last month and outperform the consensus. The EURUSD has been moving higher lately, especially after breaking the 1.2000 barrier that the ECB saw as a…
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Lockdowns in Germany have been reimposed following the rise in cases throughout the last month and a half. This is expected to sap investor and business confidence. The question for the markets is: by how much? And what does that…
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Last month's ZEW survey showed a drop in optimism among German businesses across the board. The measure was still comfortably in expansion but had come off the 20-year highs of September. During the summer, many leaders had become…
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On Friday, Germany reported the highest number of new COVID cases since April 8th, which was near the middle of the "first wave". Last week, the number of new cases has increased dramatically, well over 50% in less than 7 days.…
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Aside from the ZEW Economic Sentiment, the calendar for the EUR is thin this week. Therefore, EUR traders will want to keep an eye on the upcoming data. In January 2020, the German ZEW registered its highest print since July 2015.…
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