German February ZEW index of investor sentiment rises for the third month in a row, increasing...

|By:, SA News Editor

German February ZEW index of investor sentiment rises for the third month in a row, increasing to 48.2 in February from 31.5 in January and coming in well above consensus of 35. However, current situation unexpectedly falls to 5.2 from 7.1 and vs forecasts of 9. EU economic sentiment 42.4 vs 31.2 and 35.5. The euro takes a jump and is now +0.1% vs the dollar. (PR)