The German ZEW Survey for December is due today, at 1000 GMT

HSBC preview:

  • The robust domestic environment and the synchronised global upswing of activity was underscored by a further improvement in industrial orders in Germany.
  • Against this background the ZEW expectations should have managed to climb up to 20.0 pts; however this is still slightly below its long-term average.
  • We expect the ZEW current conditions to hit a new cyclical high at 89.5 pts.

Also, CBA:

  • German ZEW economic expectations survey is expected to point at further growth momentum in the Eurozone economy. This is EUR supportive