Germany: ZEW Survey – Economic Sentiment rises to 38.5 in June

FXstreet.com (Barcelona) - The German ZEW Survey – Economic Sentiment improved to 38.5 points in June, from 36.4 points in May, the Zentrum für Europäische Wirtschaftsforschung reported today. Market consensus pointed to an increase to only 38.1 points.

The German ZEW Survey – Current Situation fell to 8.6 points from 8.9 points and against forecasts of a rise to 9.5 points.