12 Dec 2023
German ZEW Economic Sentiment Index unexpectedly rises to 12.8 in December vs. 8.8 expected
- Germany’s ZEW Economic Sentiment Index improved to 12.8 in December.
- EUR/USD is holding higher near 1.0800 after the mixed ZEW surveys.
The headline German ZEW Economic Sentiment Index unexpectedly improved to 12.8 in December from 9.8 in November. The market expected an 8.8 readout.