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Germany: ZEW Survey – Economic Sentiment down to 36.3 in April

FXstreet.com (Barcelona) - The German ZEW Survey – Economic Sentiment fell to 36.3 points in April, from 48.5 points in March, the Zentrum für Europäische Wirtschaftsforschung reported today. Market consensus pointed to a decrease to 42 points.

The German ZEW Survey – Current Situation tumbled to 9.2 points from 13.6 points and below forecasts of a decrease to 12 points.

The Eurozone ZEW Survey – Economic Sentiment fell to 24.9 points in April, from 33.4 points in February.

EMU: Annual CPI - Core up 1.5% in March

Eurostat informed today that Eurozone annual core inflation rose 1.5% in March, following 1.3% growth registered the previous month. This is slightly higher than analysts' forecasts of +1.4%.
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Forex: EUR/USD extends its correction lower

The shared currency tested sub 1.3030 levels after the German ZEW Survey came in below expectations. In fact, the Economic Sentiment dropped to 36.3 vs. 42.0 forecasted and the Current Situation...
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