Mixed ZEW on the cards – Danske Bank

FXStreet (Edinburgh) - Jens Pedersen, Analyst at Danske Bank, expects today’s ZEW Survey to come in in a mixed tone.

Key Quotes

“We expect another small decline in German ZEW expectations in May after it has trended downwards during the first few months of 2014”.

“On the other hand, the current assessment component has improved so far in 2014 and our forecast is that it will continue in May”.