70.2 prev
expectations 41.9 vs 49.0 exp vs 53.3 prev
Eurozone expectations 61.2 vs 64.8 prev
Horrible numbers but EURUSD unfazed at 1.1190
Says ZEW President Professor Clemens Fuest
"Financial market experts have adjusted their optimistic expectations downward in May due to unexpectedly poor growth figures in the first quarter of 2015 and turmoil on the stock and bond markets. However, only a small number of survey participants actually expect a deterioration of the economic situation,"
More from ZEW here
