Germany ZEW July survey now released 19 July 2016
- 54.5 prev
- expectations -6.4 vs 9.0 exp vs 19.2 prev
- EZ expectations -14.7 vs +20.2% prev
Ouch.. Negative territory for expectations . That'll be the Brexit factor I guess. Some are still scared it seems.
EURUSD a tad lower as is EURGBP
Update: ZEW say weakness is indeed due to Brexit. Special concerns about exports and European banking/financial system.
