German ZEW -15.7 - Expectations Remain Cautious

Posted by Forexsq 709 days ago (
img forexsq - Similar to the previous months, the indicator’s negative balance shows that the surveyed experts rather expect the economy to deteriorate than to improve over the next six months. This month’s decline supports this view. The negative assessment in November may be due to disappointing leading indicators. In the manufacturing sector, for instance, weak incoming orders indicate a further drop in production. "Since mid-2012 the economic expectations of the financial market experts move more or less sideways while remaining in the negative territory. Prevailing recessionary developments in the Eurozone .

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