When is the German ZEW Survey and how could it affect the Euro?

When is the German ZEW Survey and how could it affect the Euro?

German ZEW Survey Overview The Zentrum fĂĽr Europäische Wirtschaftsforschung (ZEW) will release its German Economic Sentiment Index and the Current Situation Index for May at 09:00 GMT later on Tuesday. ZEW Survey – Economic Sentiment Index for Germany is expected to fall to -19.8 in May, from 17.2 in April. Meanwhile, the Current Situation Sub-Index […]

Euro gains against the Japanese Yen following Japan’s Household Spending data

Euro gains against the Japanese Yen following Japan’s Household Spending data

EUR/JPY extends its gains for the fourth successive day, trading around 185.40 during the Asian hours on Tuesday. The currency cross appreciates as the Japanese Yen (JPY) struggles following the disappointing release of Japan’s Household Spending data. Japan’s economic outlook faced renewed pressure on Tuesday after the internal affairs ministry reported a significant 2.9% year-over-year […]