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
