Latest data released by ZEW - 14 August 2018

  • Prior 72.4
  • Survey expectations -13.7 vs -21.3 expected
  • Prior -24.7
  • Eurozone survey expectations -11.1 vs -18.7 prior

Better-than-expected readings across the board as investor sentiment appears to have improved from the easing trade tensions between the US and the EU for the time being. Of note, ZEW highlights that growth outlook for the German economy has deteriorated nonetheless.

Not a major data point by any means but reflects overall sentiment towards the euro and the Eurozone economy.