Germany: Expect a little improvement in the ZEW Current Conditions Index

Analysts at TD Securities (TDS) expect Germany’s Current Conditions Index to improve slightly in April.

Key quotes

"We expect little improvement in the Current Conditions Index of the ZEW with a slight tick up to 14 (mkt: 15.6)."

"On the forward-looking Expectations Index, however, we expect more of a gain as banking system stress looks to be increasingly in the rear-view mirror. We forecast a gain to -40, roughly in line with the consensus."