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Germany: ZEW index likely to deteriorate in November – TDS

Analysts at TD Securities are looking for a deterioration in the German ZEW index in November on continued anxiety over US-Europe trade prospects and Brexit.

Key Quotes

“We expect the Current Situation index to fall to 64 (mkt: 65), while the Expectations Index declines to -30 (mkt: -26).”

“ECB Chief Economist Peter Praet speaks at 8am GMT while Vice President de Guindos speaks at 7pm GMT.”

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