Germany and Eurozone sentiment💰

#EuropeanCryptoTrends #TradingTales 🏭 Germany and Eurozone sentiment

• German ZEW Index 58.3 (lower than expected 65)

• Recovery was "fragile rather than strong"

• Improvement in industry and exports

• Bank and IT confidence deteriorated

• Eurozone ZEW 39.4 (below expectations of 45)

• Improvement of current situation index

➡️ Characteristics of European economy:

Moderate expansion + structural imbalance + increased policy dependence.