EU ZEW Economic Sentiment Index (May) -9.1 vs. Exp. -20 (Prev. -20.4)
Context
The EU ZEW Economic Sentiment Index for May came in at -9.1, which is a better print compared to the expected -20 and the previous -20.4. This indicates a slight improvement in sentiment, suggesting that economic conditions may be stabilizing, which could have implications for monetary policy and risk appetite in the region.
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