{"id":325652,"date":"2024-06-18T14:56:51","date_gmt":"2024-06-18T09:26:51","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=325652"},"modified":"2024-06-18T14:56:51","modified_gmt":"2024-06-18T09:26:51","slug":"german-zew-economic-sentiment-index-edges-higher-to-47-5-in-june-vs-50-0-expected-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/german-zew-economic-sentiment-index-edges-higher-to-47-5-in-june-vs-50-0-expected-crypto-news\/","title":{"rendered":"German ZEW Economic Sentiment Index edges higher to 47.5 in June vs. 50.0 expected &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<ul>\n<li><strong>Germany\u2019s ZEW Economic Sentiment Index improves slightly to 47.5 in June.<\/strong><\/li>\n<li><strong>EUR\/USD keeps losses below 1.0750 after the mixed German and Eurozone\u00a0ZEW surveys.<\/strong><\/li>\n<\/ul>\n<p>The headline German ZEW Economic Sentiment Index edges a tad higher from 47.1 in May to 47.5 in June. The market consensus was for a 50.0 print.<\/p>\n<p>The Current Situation Index, however, dropped from -72.3 in May to -73.8 in the same month, missing the estimates of -65.0 in the reported period.<\/p>\n<p>The\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/economic-calendar\/country\/c9822cb1-6cee-45f4-a9a2-89d136990308\">Eurozone<\/a>\u00a0ZEW Economic Sentiment Index arrived at 51.3 in June, much higher than the May reading of 47.0. The data surpassed the market expectations of 47.8.<\/p>\n<h2 class=\"fxs_headline_medium\">Key points<\/h2>\n<p>\u201cBoth the sentiment and the situation indicators stagnate.\u201d<\/p>\n<p>\u201cThese developments must be interpreted in the context of a constant situation indicator for the eurozone as a whole.\u201d<\/p>\n<p>\u201cIn contrast, the inflation expectations of the respondents increase, which is likely related to the inflation rate in may, which turned out higher than what was expected.\u201d<\/p>\n<h2 class=\"fxs_headline_medium\">Market reaction<\/h2>\n<p>The\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/eurusd\">EUR\/USD<\/a>\u00a0pair is little changed after the mixed German and Eurozone ZEW surveys. The pair is losing 0.13% on the day to trade near 1.0720, at the press time.<\/p>\n<div class=\"module_currencyprices_cke post-module\">\n<div class=\"fxs-major-currency-prices-wrapper\" data-config-topic=\"EUR\" data-content-module-translate=\"1\" data-module=\"currencyprices\" data-type=\"currencyprices\" data-version=\"v1\" id=\"content-module-currencyprices-EUR-531\">\n<h2 class=\"fxs-major-currency-prices-title\">Euro PRICE Today<\/h2>\n<p class=\"fxs-major-currency-prices-content\">The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the Swiss Franc.<\/p>\n<table border=\"1\" class=\"fxs-major-currency-prices-currency-prices-table\">\n<thead>\n<tr>\n<th>\u00a0<\/th>\n<th>USD<\/th>\n<th>EUR<\/th>\n<th>GBP<\/th>\n<th>JPY<\/th>\n<th>CAD<\/th>\n<th>AUD<\/th>\n<th>NZD<\/th>\n<th>CHF<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr class=\"fxs-major-currency-prices-currency-price\">\n<th>USD<\/th>\n<td>\u00a0<\/td>\n<td class=\"light-green\">0.12%<\/td>\n<td class=\"light-green\">0.18%<\/td>\n<td class=\"light-green\">0.25%<\/td>\n<td class=\"light-green\">0.20%<\/td>\n<td class=\"light-red\">-0.07%<\/td>\n<td class=\"light-green\">0.40%<\/td>\n<td class=\"light-red\">-0.13%<\/td>\n<\/tr>\n<tr class=\"fxs-major-currency-prices-currency-price\">\n<th>EUR<\/th>\n<td class=\"light-red\">-0.12%<\/td>\n<td>\u00a0<\/td>\n<td class=\"light-green\">0.04%<\/td>\n<td class=\"light-green\">0.10%<\/td>\n<td class=\"light-green\">0.07%<\/td>\n<td class=\"light-red\">-0.21%<\/td>\n<td class=\"light-green\">0.28%<\/td>\n<td class=\"light-red\">-0.24%<\/td>\n<\/tr>\n<tr class=\"fxs-major-currency-prices-currency-price\">\n<th>GBP<\/th>\n<td class=\"light-red\">-0.18%<\/td>\n<td class=\"light-red\">-0.04%<\/td>\n<td>\u00a0<\/td>\n<td class=\"light-green\">0.06%<\/td>\n<td class=\"light-green\">0.03%<\/td>\n<td class=\"light-red\">-0.25%<\/td>\n<td class=\"light-green\">0.24%<\/td>\n<td class=\"light-red\">-0.31%<\/td>\n<\/tr>\n<tr class=\"fxs-major-currency-prices-currency-price\">\n<th>JPY<\/th>\n<td class=\"light-red\">-0.25%<\/td>\n<td class=\"light-red\">-0.10%<\/td>\n<td class=\"light-red\">-0.06%<\/td>\n<td>\u00a0<\/td>\n<td class=\"light-red\">-0.04%<\/td>\n<td class=\"light-red\">-0.32%<\/td>\n<td class=\"light-green\">0.16%<\/td>\n<td class=\"light-red\">-0.39%<\/td>\n<\/tr>\n<tr class=\"fxs-major-currency-prices-currency-price\">\n<th>CAD<\/th>\n<td class=\"light-red\">-0.20%<\/td>\n<td class=\"light-red\">-0.07%<\/td>\n<td class=\"light-red\">-0.03%<\/td>\n<td class=\"light-green\">0.04%<\/td>\n<td>\u00a0<\/td>\n<td class=\"light-red\">-0.27%<\/td>\n<td class=\"light-green\">0.18%<\/td>\n<td class=\"light-red\">-0.33%<\/td>\n<\/tr>\n<tr class=\"fxs-major-currency-prices-currency-price\">\n<th>AUD<\/th>\n<td class=\"light-green\">0.07%<\/td>\n<td class=\"light-green\">0.21%<\/td>\n<td class=\"light-green\">0.25%<\/td>\n<td class=\"light-green\">0.32%<\/td>\n<td class=\"light-green\">0.27%<\/td>\n<td>\u00a0<\/td>\n<td class=\"light-green\">0.47%<\/td>\n<td class=\"light-red\">-0.06%<\/td>\n<\/tr>\n<tr class=\"fxs-major-currency-prices-currency-price\">\n<th>NZD<\/th>\n<td class=\"light-red\">-0.40%<\/td>\n<td class=\"light-red\">-0.28%<\/td>\n<td class=\"light-red\">-0.24%<\/td>\n<td class=\"light-red\">-0.16%<\/td>\n<td class=\"light-red\">-0.18%<\/td>\n<td class=\"light-red\">-0.47%<\/td>\n<td>\u00a0<\/td>\n<td class=\"light-red\">-0.54%<\/td>\n<\/tr>\n<tr class=\"fxs-major-currency-prices-currency-price\">\n<th>CHF<\/th>\n<td class=\"light-green\">0.13%<\/td>\n<td class=\"light-green\">0.24%<\/td>\n<td class=\"light-green\">0.31%<\/td>\n<td class=\"light-green\">0.39%<\/td>\n<td class=\"light-green\">0.33%<\/td>\n<td class=\"light-green\">0.06%<\/td>\n<td class=\"light-green\">0.54%<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"fxs-major-currency-prices-currency-prices-legend\">The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)\/USD (quote).<\/p>\n<\/div>\n<\/div>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Germany\u2019s ZEW Economic Sentiment Index improves slightly to 47.5 in June. EUR\/USD keeps losses below 1.0750 after the mixed German and Eurozone\u00a0ZEW surveys. The headline German ZEW Economic Sentiment Index edges a tad higher from 47.1 in May to 47.5 in June. The market consensus was for a 50.0 print. The Current Situation Index, however, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":67158,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,843,433,728,255,250,252,247,253,249,410,256,254],"class_list":["post-325652","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-economicindicator","tag-eurusd","tag-germany","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-sentiment","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/325652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=325652"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/325652\/revisions"}],"predecessor-version":[{"id":325654,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/325652\/revisions\/325654"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/67158"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=325652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=325652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=325652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}