Markets  |  January 22, 2013 12:50:00

Analysts see the German economy in January in pink

ZEW indicator of economic sentiment in Germany in January have improved by 24.6 points to 31.5 points overall. This is the best result since May 2010. Today's result means that the sentiment of German analysts and investors in January soared, thanks pozitivnějšímuvýhledu on the German economy for the next six-month horizon. The economic forecast for the euro area also underwent a significant improvement in days of January. ZEW indicator for the euro area rose by 23.6 points to 31.2 points. Since this year is expected to resolving the debt crisis and creating a stable environment for economic growth.

Economists expect an influx of new investment in the largest euro area economies. ZEW President Prof. Institute.Wolfgang Franz, however, warned against weakening economies important business partners and expects only moderate growth of the German economy this year.

Eurodollars responded to the report on improved sentiment very quickly and strengthens. Still, however, held in the neutral zone between 1.34 and 1.328. From early morning is very volatile and it will be important both in the U.S. (16:00) Report on lands sold homes.

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