SPX7,403-0.07%DOW49,686+0.32%EUR/USD1.1644+0.25%GBP/USD1.3415+0.80%BTC$76,806-0.80%ETH$2,132+0.19%XAU$4,542-0.24%BRENT$109.82-2.03%SPX7,403-0.07%DOW49,686+0.32%EUR/USD1.1644+0.25%GBP/USD1.3415+0.80%BTC$76,806-0.80%ETH$2,132+0.19%XAU$4,542-0.24%BRENT$109.82-2.03%

SPX7,403-0.07%DOW49,686+0.32%EUR/USD1.1644+0.25%GBP/USD1.3415+0.80%BTC$76,806-0.80%ETH$2,132+0.19%XAU$4,542-0.24%BRENT$109.82-2.03%SPX7,403-0.07%DOW49,686+0.32%EUR/USD1.1644+0.25%GBP/USD1.3415+0.80%BTC$76,806-0.80%ETH$2,132+0.19%XAU$4,542-0.24%BRENT$109.82-2.03%

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EURMacroGermanygerman_zewsentimentforex

German ZEW Economic Sentiment

Actual

—

Forecast—

Previous—

Current takeaway

EUR release pending - market reaction depends on deviation from forecast and forward guidance.

Historical series

Historical series is not available for this event yet.

Market impact

Channel

Bias

Short note

USD

→ Neutral

spillover

Yields

→ Neutral

secondary

Equities

→ Neutral

risk beta

Crypto

→ Neutral

liquidity

Dependencies

Causal path

Inflation expectations→Rates→USD liquidity→Risk assets→BTC / Nasdaq→forex→indices

Reaction

Cross-market reaction

Linked catalysts

Connected releases

Event facts

Next release

Jul 14, 2026 • 09:00

Previous release

Measures

Sentiment

Usual effect

Stronger actual than forecast is usually bullish for EUR

Frequency

Monthly

Why traders care

No additional context is available yet.

Also called

German zew economic sentiment

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