There will be a lighter news schedule this week, compared to last week which was quite heavy. There is central bank input expected this week from Australia and New Zealand, as well as a few high-impact pieces of economic data, mostly from Canada and the U.S.A. The market is likely to be most active from Wednesday through to Friday. U.S. Dollar It will be a reasonably light week for the greenback after a slow start, beginning on Wednesday, with the release of Crude Oil Inventories. Thursday will see the release of Unemployment Claims numbers. Finally, on Friday we will have Preliminary UoM Consumer Sentiment data. Australian Dollar It will be a busy and important week for the Aussie, starting on Monday with the release of Retail Sales data. Tuesday brings the monthly RBA Rate Statement and Cash Rate. On Thursday, the Governor of the RBA will be making a minor speech, then finally on Friday the RBA Monetary Policy Statement will be released. New Zealand Dollar It will be a busy and important week for the Kiwi following Monday’s public holiday, starting on Tuesday with the release of Inflation Expectations data and the GDT Price Index. Wednesday brings the monthly RBNZ Rate Statement and Official Cash Rate, followed by the usual press conference. On Thursday, the Governor of the RBNZ will be testifying before Parliament. Chinese Yuan Friday will see a release of Trade Balance data. Canadian Dollar It will be a normal week for the Loonie, starting with Tuesday’s release of Trade Balance data, followed by Employment Change and Unemployment Rate numbers on Friday. British Pound It will be a quiet week for the Pound, with nothing of high impact scheduled except Manufacturing Production data on Friday.
INVESTORS FOREX

CURRENCY INVESTORS German economic sentiment index dropped in July

Germany Zew Economic Sentiment Index  | Data | Chart | Calendar

CURRENCY INVESTORS German economic sentiment  The ZEW Indicator of Economic Sentiment for Germany fell slightly by 1.1 points to 17.5 in July 2017 from 18.6 in the previous month and below market consensus of 18. Still, the outlook for the German economic expansion in the coming six months continued to be positive, as 25.4 percent of financial market experts expect economic activity growth to pick up while 66.7 percent expect it to remain steady. Also, the assessment of the current economic situation in Germany decreased by 1.6 points to 86.4 from a six-year high of 88 in June. Zew Economic Sentiment Index in Germany averaged 23.85 from 1991 until 2017, reaching an all time high of 89.60 in January of 2000 and a record low of -63.90 in July of 2008.



German economic sentiment

[irp]

[irp]

[irp]

Germany Zew Economic Sentiment Index

In Germany, the ZEW Economic Sentiment Index measures the level of optimism that analysts have about current economic situation and expected economic developments for the next 6 months. The survey covers up to 350 experts from banks, insurance companies and financial departments of selected corporations.Participants are asked about their six-months expectations concerning the economy, inflation rates, interest rates, stock markets and exchange rates. The index is constructed as the difference between the percentage share of analysts that are optimistic and the percentage of analysts that are pessimistic about the development of the economy. The ZEW indicator measures the confidence on a scale of -100 (all analysts are unhappy with the current developments and expect the conditions to deteriorate) up to 100 (all analysts are satisfied with the current situation and expect it to improve). A 0 value indicates neutrality. This page provides the latest reported value for – Germany Zew Economic Sentiment Index – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Germany Zew Economic Sentiment Index – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
17.50 18.60 89.60 -63.90 1991 – 2017 Monthly

Like up on FACEBOOK


logo



major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)



Click here for reuse options!
Copyright 2017 Investors Buz

Jadtecnic
Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

Leave a Reply