- Prior -87.6
- Economic sentiment -14.0 vs 9.5 expected
- Prior 51.6
That’s a massive plunge in the outlook/expectations index as US tariffs weigh heavily on German economic sentiment here. ZEW notes that the “erratic changes in US trade policy” is the main cause for the drag with “reciprocal tariffs to have consequences on global trade alongside massively increasing global uncertainty”.
This article was written by Justin Low at www.forexlive.com.