Updated
Updated · Forex Factory · Aug 18
Germany's ZEW Sentiment Index Climbs 7.9 Points to 34.2 in August
Updated
Updated · Forex Factory · Aug 18

Germany's ZEW Sentiment Index Climbs 7.9 Points to 34.2 in August

2 articles · Updated · Forex Factory · Aug 18

Summary

  • 34.2 points — Germany’s ZEW economic sentiment index rose 7.9 points in August, extending the improvement in investor and analyst expectations.
  • 16.5 points — the gauge of Germany’s current economic situation improved sharply to minus 61.1, though it remained in negative territory.
  • Good quarterly results, strong exports and federal infrastructure programmes drove the stronger outlook, according to ZEW.
  • Record-low water levels on the Rhine River still pose a risk, even as the broader survey suggests Germany’s economy is gaining support.

Insights

Can a massive infrastructure gamble and record exports save Germany's economy before the drying Rhine River chokes its supply chains?
Will stripping environmental protections to fast-track infrastructure projects trigger an ecological crisis disguised as Germany's ultimate economic rescue plan?