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German ZEW Economic Sentiment Index Drops Unexpectedly to 79.8

A.F 8 June, 2021 4:00 pm Market Update

The German ZEW headline numbers for June showed that the Economic Sentiment Index worsened unexpectedly to 79.8 from 84.4 previous while beating estimates of 86.0.

Meanwhile, the Current Conditions sub-index recovered firmly to -9.1 in June as against -40.1 recorded in the previous month and -27.8 expectations.

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