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Zew: Hopes for an End to the Iran Conflict Are Fuelling a Sharp Rise in Expectations
“The ZEW Indicator returns to positive territory as financial market experts expect the Iran conflict to be nearing an end. This is likely to ease the massive pressure on energy prices and inflation, which would benefit energy-intensive industries and private households and would strengthen domestic demand,” comments ZEW President Professor Achim Wambach, PhD on the current survey results. The different industries reflect these improved expectations. The automotive sector – suffering various declines in the past months – shows a balance increasing by 21.9 points. In the chemical and pharmaceutical industries ... (full story)
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- Jun 16, 4:30am | 4 hr ago Posted by
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