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ZEW Institute: Outlook for German economy largely remains unchanged compared to June

July 14, 2020 by admin 0 Comments

ZEW with some remarks accompanying the earlier survey

After a very poor Q2, experts expect to see gradual increase in GDP in 2H 2020

The headline refers to the expectations reading in the survey earlier, after some budding optimism seen in the earlier months. This pretty much sums up economic sentiment at the moment within the German – and mostly the euro area – economy i.e. hopeful that the outlook will turn better gradually but current conditions remain subdued still.For bank trade ideas, check out eFX Plus

This article was originally published by Forexlive.com. Read the original article here.