Euro area: Higher ZEW expectations – Danske Bank

Research Team at Danske Bank, suggest that in the euro area, focus remains on the impact on the economy of the UK's decision to leave the EU with the release of ZEW expectations.

Key Quotes

“The impact has been seen mainly on investor sentiment as reflected in the decline in ZEW expectations in July, while the impact on economic sentiment has been limited as seen in resilient PMI figures and ifo expectations. Last week, we got a bit more information with the release of Sentix investor confidence, which increased again in August and thereby points to higher ZEW expectations.”