Tag: zew

LONDON, March 17 (Reuters) – The euro extended gains against the dollar on Tuesday, while Bunds eased after data showed Germany’s ZEW index improved in March and beat expectations. German ZEW institute’s economic sentiment index was -3.5 in March versus -5.8 in February, and much stronger than forecasts of -7.4. The think tank also said the bottom of the recession was likely to be reached this Summer.

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