Highlights of the October 2015 German ZEW data report 13 October 2015

  • Prior 12.1
  • Current conditions 55.2 vs 64.7 exp. Prior 67.5
  • Eurozone ZEW economic sentiment 30.1 vs 33.1 prior

Very soggy numbers for Germany

ZEW comments;

  • that the German domestic economy is still good
  • VW scandal and EM weakness is weighing on the German growth outlook
  • Eurozone economy continues to recover
  • Rather unlikely to slide into recession (not sure if he's talking Germany or the EZ)