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What is German ZEW Economic Sentiment and the effect of this data?

Posted by Nifm
What is German ZEW Economic Sentiment data?   The ZEW Economic Sentiment covers the economic futures of so many countries as well. So many analyst opinions included in the survey from Europe, the UK, Japan and the U.S. An index value is greater than zero indicates optimism while a value below zero indicates pessimism.    German ZEW Economic Sentiment is Important for European market. It is released on monthly basis, on the second or third Tuesday of the current month.   If its come above 0.0 then its indicates that economic health is optimism if comes below 0.0 then its indicates a pessimism economy.    It is a leading indicator for economic health- investor and analyst have to keep in mind about this data before giving any analysis on economy.    Its a survey about 275 German institutional investors and analysts which ask respondents to rate the relative 6 month economy outlook for German.   Today's Data: Actual Will be release at 3:30pm Forecast 55.4

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