ZEW Economic Sentiment. Eurozone, 11:00 (GMT+2)

ZEW Economic Sentiment release is due at 11:00 (GMT+2) in the EU. It is predicted that the value will decrease to –9.2 points in October from –7.2 points a month earlier. The indicator assesses the ratio of optimistic and pessimistic investors' expectations regarding the economic situation in the EU and is calculated by the Center for Economic Research (ZEW) based on a survey of 350 leading economic experts in Europe. A positive result signals a positive view of experts on the economy and strengthens the EUR. Negative values suggest pessimistic estimates of the economy and weaken EUR.

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