German ZEW and Euro-zone industrial production today

Focus turns to the Eurozone economy over the next couple of days. Main interest today will be the German ZEW survey for May, the first of the top-tier sentiment readings for this month. Further modest falls are expected across both sub-indices, although they should remain at levels indicative of modest growth in Europe’s largest economy. At the same time Euro-zone industrial production numbers are expected to post another modest gain in March, albeit with risks to the downside.

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Commonwealth Bank