German ZEW Sentiment goes negative -6.8 – Brexit driven
Business confidence tumbles down in Germany with the ZEW indicator crashing to negative ground, reflecting pessimism. This is Brexit driven. Current conditions also missed with a slide to 49.8 points. The all European figure has also gone negative with -14.7, way worse than +12.3 points expected. EUR/USD is not really reacting, not yet. The IFO figure will […]
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