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Germany: ZEW Survey – Economic Sentiment rises more than expected in August

FXstreet.com (Barcelona) - The German ZEW Survey – Economic Sentiment improved to 42 points in August, from 36.3 points in July, the Zentrum für Europäische Wirtschaftsforschung reported today. Market consensus pointed to less growth to 40 points.

The German ZEW Survey – Current Situation jumped to 18.3 points from 10.6 points and considerably above forecasts of a rise to 12 points.

EMU: Annual Industrial Production grows 0.3% in May

Year-over-year Eurozone Industrial Production increased by 0.3% in June, compared with the 1.3% decrease registered the previous month, according to data released by Eurostat. This result is slightly higher than market consensus of +0.2%.
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