German ZEW Economic Sentiment Index improves to 28.1 in February

The German ZEW headline number showed that the Economic Sentiment Index improved further, arriving at 28.1 in February from 16.9 in January, beating the market expectation of 22.0.

Meanwhile, the Current Situation Index came in at -45.1 from -58.6 but outpaced the market expectation of -50.0

During the same period, the ZEW Economic Sentiment Index for the Eurozone jumped to 29.7 from 16.7.