Germany August ZEW survey current conditions -68.6 vs -65.0 expected * Prior -59.5 * Outlook 34.7 vs 39.8 expected * Prior 52.7 ZEW notes that financial market experts are disappointed from the US-EU trade deal, with the outlook worsening in particular for the chemical and pharmaceutical industries. And that's the key reason for the drag in the outlook/economic sentiment index especially. This article was written by Justin Low at investinglive.com.

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Germany's economic sentiment rose to 25.2 in May from -14 in April, bolstered by reduced trade tensions and stability. The eurozone also saw gains at 11.6, though Germany's current conditions remain at -82. Optimism is increasing in key sectors.

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