Today, we are going to continue our analysis of the market width indicators and look at the next one – UK ZEW Economic Sentiment. It is an economic survey, alike the Industrial Trends Orders, which we have presented earlier.
The ZEW Economic Sentiment is a fusion of the sentiments of approximately 350 economists and analysts, regarding the economic future of United Kingdom for the next six months. The survey shows the balance between those analysts, who are optimistic about UK’s economic future and those who are not. The examination is conducted on the monthly basis.
An index value greater than zero indicates optimism while a value below zero indicates pessimism. The value of +100 means, that...
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