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German ZEW Economic Sentiment Index falls to 7.4 in November vs. 12.8 expected

  • Germany’s ZEW Economic Sentiment Index dropped to 7.4 in November.
  • EUR/USD keeps range above 1.0600 after German and Eurozone ZEW surveys.

The headline German ZEW Economic Sentiment Index worsened to 7.4 in November from 13.1 reported in October, missing the expectations of 12.8.

Eurozone ZEW Survey – Economic Sentiment came in at 12.5, below expectations (20.5) in November

Eurozone ZEW Survey – Economic Sentiment came in at 12.5, below expectations (20.5) in November
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USD: Don't fight the trend – ING

US equity markets continue to plough ahead. There is an emerging narrative that unlike in 2016, when Donald Trump was unprepared for office, this time around he plans to hit the ground running in January.
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