Analysts at TDS suggest that they’ll be watching the German ZEW data for June a bit more closely than usual to get a gauge on how much sentiment may have been affected by the widening of peripheral spreads over the last month as well as the imposition of US tariffs.
Key Quotes
“We look for current conditions to fall from 87.4 to 85.0 (mkt 85.0), and for expectations to fall from -8.2 to -15.0 (mkt -14.5).”
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