German ZEW economic sentiment hits 76.6 points in March compared to the expected 74.0. The current ZEW situation for Germany was -61.0 points in March compared to the -62.0 expected. EUR / USD is still not strengthening after the bullish ZEW numbers. German ZEW figures for March showed that the economic sentiment index has risen […]
Tag: Feeling
University of Michigan consumer sentiment improves forecasts and rises to one-year highs
The index of March preliminary University of Michigan consumer sentiment has risen to 83 points from 76.8 in February, notably exceeding the 78.5 expected by the market. March is the best result obtained by the indicator in the last year, specifically since March 2020. . Donald WestbrookDonald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for […]
Forex Today – Asian Session: Bond Markets Turmoil
What you need to know on Friday, February 26: The dollar was under pressure for the first half of the day, but was given a boost in the United States in mid-afternoon by a Treasury auction, rising against most of its main rivals. The 7-year bond was auctioned at 1.19% from 1.14% before the event, […]
Forex Today – Asian Session: Dollar Declines as Optimism Fades
What you need to know on Friday, February 19: The dollar lost momentum as demand receded. European currencies benefited the most with EUR / USD peaking around 1.2090 and GBP / USD rising to a new multi-month high of 1.3985. Commodity-linked currencies made modest gains against their US rival. Yields on US Treasuries fell. Worse-than-expected […]
February ZEW Economic Sentiment Shoots Higher in Germany and the Eurozone
The index Germany’s ZEW economic sentiment has risen to 71.2 points in February, far exceeding the 61.8 in January and the 59.5 expected by the market. This is the highest figure seen by the indicator in five months, specifically since September 2020, when it reached 77.4 points. The current German ZEW is not so optimistic, […]
NFIB’s Business Optimism Index drops modestly to 95 points in January from 98.7 expected
The US NFIB Business Optimism Index fell in January. The US Dollar DXY Index remains in negative territory near 90.60. The National Federation of Independent Business (NFIB) reported Tuesday that the US business optimism index dropped to 95 points in January from 95.9 in December. This reading has been below the market expectation of 98.7. […]
President Xi Says Global Recovery Rather Shaky, Prospects Still Uncertain
While delivering his remarks at a virtual meeting of the World Economic Forum on Monday, China’s president, Xi Jinping, has said that the world needs to strengthen macroeconomic policy coordination, as reported by Reuters. Additional comments: “The global recovery is quite shaky and the outlook remains uncertain“. “The north-south difference runs the risk of widening […]
IFO’s Business Climate Index falls short of estimates by 90.1 points in January
IFO’s German Business Climate Index stood at 90.1 in January. IFO’s current economic assessment stood at 89.2 this month. Germany’s IFO Expectations Index for January reached 91.1. He IFO’s general business climate index for Germany falls sharply to 90.1 points in January from 92.2 the previous month and coming in below the estimates of 91.8 […]
The ZEW sentiment for Germany and the Eurozone surprises with an improvement in January; EUR / USD hits 2-day highs
The index ZEW economic sentiment for the Eurozone has risen almost 4 points in January, standing at 58.3 compared to the previous 54.4, well above the 45.5 expected by the market. This is the best score obtained by the indicator since last September. The ZEW of German economic sentiment has jumped even more strongly, rising […]
The IBD / TIPP economic optimism index improves from 49 to 50.1 points in January
IBD / TIPP economic optimism surpassed the 50 point level in January. The S&P 500 Index remains quiet near 3,800 points after the data. The IBD / TIPP Economic Optimism Index published by Investor’s Business Daily has improved to 50.1 points in January from December 49. “Americans have become slightly optimistic on the outlook for […]