Economic Buzz: German ZEW economic sentiment index edges up

Germany?s ZEW Economic Sentiment index edged up in September to 37.3 from 34.7 in previous month. The improvement highlighted growing optimism among financial market experts, particularly toward export-oriented sectors. However, Current Situation index deteriorated further from -68.6 to -76.4. For the Eurozone, ZEW sentiment index rose from 25.1 to 26.1. Current Situation measure also edged higher by 2.4 points to -28.8.

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