German ZEW Economic Sentiment Index improves to -59.2 in October

The German ZEW headline numbers for October showed that the Economic Sentiment Index improved to -59.2 while beating estimates of -65.7 vs. -61.9 previous.

Meanwhile, the Current Situation sub-index arrived at -72.2 in October vs. -68.0 expectations and September’s -60.5.

The Eurozone ZEW Economic Sentiment Index stood at -59.7 in the current month as compared to the -60.7 previous reading and -60.6 expected.

The euro pays little heed to the mixed ZEW Surveys from Germany and Eurozone. EUR/USD was last seen trading at 0.9940, almost unchanged on the day.