Germany: ZEW economic expectations to print -10 in August - Nomura

Analysts at Nomura point out that the German ZEW survey will be a key economic release for today’s session.

Key Quotes

“After the improvement in German survey data in August (ZEW, Sentix and Ifo survey), owing to easing trade tensions and an improving outlook for the German economy, we see this trend continuing in September and we forecast the ZEW survey expectations component at -10 from -13.7 in August.”