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Indicator Spotlight

Sentiment Data Suggests Europe Is Past Peak Pessimism

by Felix-Antoine Vezina-Poirier, Chief Strategist  

The February ZEW index for Germany and the eurozone beat estimates, with the expectations component rising to 26.0 from 10.3 a month prior. The current situation assessment also improved, although it remains deeply negative at -88.5.  The improvement…

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