ZEW Survey Misses Expectations





G10 Advancers and Decliners vs USD
JPY 0.14
CHF -0.15
EUR -0.29
GBP -0.47
It has been a day of consolidation for most asset classes as risk appetite has lacked new stimulus to propel it higher, and the meagre few risk events on the calendar have had very little directional influence on FX. The morning schedule included Swedish Industrial Production which was slightly lower than anticipated (0.2% MoM vs. 0.5% expected ) and Norwegian CPI which also missed estimates at…

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