Latest news with #ZEWIndicatorofEconomicSentiment
Fibre2Fashion
5 days ago
- Business
- Fibre2Fashion
German ZEW sentiment climbs to +52.7, outlook brightens
Germany's ZEW Indicator of Economic Sentiment continued its upward trajectory in July 2025, climbing 5.2 points to reach +52.7 — its highest level in over a year. The assessment of the current economic situation also showed marked improvement, rising by 12.5 points to -59.5. Sentiment across the eurozone also advanced. The ZEW Indicator for the eurozone rose slightly to +36.1, up 0.8 points from June. Meanwhile, the current economic assessment for the bloc improved by 6.5 points to -24.2. 'After the strong improvements of the past two months, the positive sentiment among respondents is becoming more firmly established. Despite ongoing uncertainty due to global trade conflicts, nearly two-thirds of the experts expect the German economy to improve. Hopes for a quick resolution to the US-EU tariff dispute, along with potential economic stimulus from the German government's planned immediate investment programme, appear to be shaping overall sentiment,' commented ZEW president professor Achim Wambach, PhD. Germany's ZEW Economic Sentiment Index climbed 5.2 points to +52.7 in July 2025, the highest in over a year. The current situation index rose by 12.5 points to -59.5. Eurozone sentiment improved slightly to +36.1, while its current assessment rose to -24.2. ZEW's Achim Wambach said optimism is driven by hopes of a US-EU tariff deal and Germany's planned investment stimulus. Fibre2Fashion News Desk (HU)
Yahoo
6 days ago
- Business
- Yahoo
Germany's economic sentiment hits highest level since early 2022
Germany's economic sentiment climbed to its highest level in over three years in July, fuelling hopes that Europe's largest economy may be on a firmer path to recovery. The ZEW Indicator of Economic Sentiment, which gauges investor expectations for the German economy, rose to 52.7 points this month, up from 47.5 in June and well above economist expectations of 50.3. This marks the strongest reading since February 2022, shortly before Russia's invasion of Ukraine disrupted global trade and energy flows. 'After the strong improvements of the past two months, the positive sentiment among respondents is becoming more firmly established,' said ZEW President Professor Achim Wambach. 'Despite ongoing uncertainty due to global trade conflicts, nearly two-thirds of the experts expect the German economy to improve.' Germany's ZEW Current Conditions index rose to -59.5 in July 2025, its highest level since June 2023, up from -72 the previous month and outperforming expectations of -66. Wambach pointed to hopes of a speedy resolution to the US-EU tariff standoff, alongside the German government's proposed emergency investment programme, as key drivers of optimism. The upbeat sentiment was particularly notable in expectations for mechanical engineering, metal production and the electrical engineering sector. The positive sentiment extended to the broader eurozone. The ZEW sentiment index for the single-currency bloc rose modestly to 36.1 in July, up 0.8 points from June. The assessment of current conditions in the eurozone also improved, though it remained in negative territory at minus 24.2, a 6.5-point gain from the previous month. Related German business sentiment rises: Ifo sees sixth consecutive lift Which European economy stands to suffer the most from US tariffs? Financial markets reacted with caution. The euro gained 0.2% against the US dollar to $1.1680, on track to snap a four-day losing streak. Bund yields dropped 3 basis points to 2.69%, after hitting on Monday their highest levels since early April. Still, investor nerves were apparent after US President Donald Trump announced a new 30% tariff on European Union imports from 1 August. The European Commission has pledged to intensify negotiations to avert a trade-war escalation. Germany's DAX index was unchanged at 24,200 points, consolidating after three consecutive sessions of losses. The broader Euro STOXX 50 rose 0.3%, supported by strength in industrial and automotive names. Among top gainers, ASML Holding advanced 2.4%, followed by BASF (1.92%), Mercedes-Benz (1.74%), Volkswagen (1.45%) and BMW (1.44%). On the downside, L'Oréal fell 1.35%, Orange slipped 1.23% and Telefónica declined 0.91%. Error in retrieving data Sign in to access your portfolio Error in retrieving data
Yahoo
6 days ago
- Business
- Yahoo
Germany's economic sentiment hits highest level since early 2022
Germany's economic sentiment climbed to its highest level in over three years in July, fuelling hopes that Europe's largest economy may be on a firmer path to recovery. The ZEW Indicator of Economic Sentiment, which gauges investor expectations for the German economy, rose to 52.7 points this month, up from 47.5 in June and well above economist expectations of 50.3. This marks the strongest reading since February 2022, shortly before Russia's invasion of Ukraine disrupted global trade and energy flows. 'After the strong improvements of the past two months, the positive sentiment among respondents is becoming more firmly established,' said ZEW President Professor Achim Wambach. 'Despite ongoing uncertainty due to global trade conflicts, nearly two-thirds of the experts expect the German economy to improve.' Germany's ZEW Current Conditions index rose to -59.5 in July 2025, its highest level since June 2023, up from -72 the previous month and outperforming expectations of -66. Wambach pointed to hopes of a speedy resolution to the US-EU tariff standoff, alongside the German government's proposed emergency investment programme, as key drivers of optimism. The upbeat sentiment was particularly notable in expectations for mechanical engineering, metal production and the electrical engineering sector. The positive sentiment extended to the broader eurozone. The ZEW sentiment index for the single-currency bloc rose modestly to 36.1 in July, up 0.8 points from June. The assessment of current conditions in the eurozone also improved, though it remained in negative territory at minus 24.2, a 6.5-point gain from the previous month. Related German business sentiment rises: Ifo sees sixth consecutive lift Which European economy stands to suffer the most from US tariffs? Financial markets reacted with caution. The euro gained 0.2% against the US dollar to $1.1680, on track to snap a four-day losing streak. Bund yields dropped 3 basis points to 2.69%, after hitting on Monday their highest levels since early April. Still, investor nerves were apparent after US President Donald Trump announced a new 30% tariff on European Union imports from 1 August. The European Commission has pledged to intensify negotiations to avert a trade-war escalation. Germany's DAX index was unchanged at 24,200 points, consolidating after three consecutive sessions of losses. The broader Euro STOXX 50 rose 0.3%, supported by strength in industrial and automotive names. Among top gainers, ASML Holding advanced 2.4%, followed by BASF (1.92%), Mercedes-Benz (1.74%), Volkswagen (1.45%) and BMW (1.44%). On the downside, L'Oréal fell 1.35%, Orange slipped 1.23% and Telefónica declined 0.91%.
Euronews
6 days ago
- Business
- Euronews
Germany's economic sentiment hits highest level since early 2022
Germany's economic sentiment climbed to its highest level in over three years in July, fuelling hopes that Europe's largest economy may be on a firmer path to recovery. The ZEW Indicator of Economic Sentiment, which gauges investor expectations for the German economy, rose to 52.7 points this month, up from 47.5 in June and well above economist expectations of 50.3. This marks the strongest reading since February 2022, shortly before Russia's invasion of Ukraine disrupted global trade and energy flows. 'After the strong improvements of the past two months, the positive sentiment among respondents is becoming more firmly established,' said ZEW President Professor Achim Wambach. 'Despite ongoing uncertainty due to global trade conflicts, nearly two-thirds of the experts expect the German economy to improve.' Germany's ZEW Current Conditions index rose to -59.5 in July 2025, its highest level since June 2023, up from -72 the previous month and outperforming expectations of -66. Wambach pointed to hopes of a speedy resolution to the US-EU tariff standoff, alongside the German government's proposed emergency investment programme, as key drivers of optimism. The upbeat sentiment was particularly notable in expectations for mechanical engineering, metal production and the electrical engineering sector. The positive sentiment extended to the broader eurozone. The ZEW sentiment index for the single-currency bloc rose modestly to 36.1 in July, up 0.8 points from June. The assessment of current conditions in the eurozone also improved, though it remained in negative territory at minus 24.2, a 6.5-point gain from the previous month. Markets steady as trade tensions linger Financial markets reacted with caution. The euro gained 0.2% against the US dollar to $1.1680, on track to snap a four-day losing streak. Bund yields dropped 3 basis points to 2.69%, after hitting on Monday their highest levels since early April. Still, investor nerves were apparent after US President Donald Trump announced a new 30% tariff on European Union imports from 1 August. The European Commission has pledged to intensify negotiations to avert a trade-war escalation. Germany's DAX index was unchanged at 24,200 points, consolidating after three consecutive sessions of losses. The broader Euro STOXX 50 rose 0.3%, supported by strength in industrial and automotive names. Among top gainers, ASML Holding advanced 2.4%, followed by BASF (1.92%), Mercedes-Benz (1.74%), Volkswagen (1.45%) and BMW (1.44%). On the downside, L'Oréal fell 1.35%, Orange slipped 1.23% and Telefónica declined 0.91%.
Business Standard
17-06-2025
- Business
- Business Standard
EUR/INR futures hover around 99.80 mark amid tight moves
Euro is witnessing tight moves against the US dollar today though supportive economic cues are keeping overall movement supported. EUR/USD holds ground above 1.1600 mark, lingering just under four-year highs. In a key update, the ZEW Indicator of Economic Sentiment in Germany continued to improve in June 2025. At plus 47.5 points, the indicator is 22.3 points above the previous months reading. EUR/INR futures on NSE are currently quoting at 99.78, almost unchanged on the day amid a very thing price action overall.
