FX.co ★ Germany’s ZEW economic sentiment improves in September

German economic sentiment rose at a more-than-expected pace in September, survey data from the Centre for European Economic Research (ZEW) showed.

The economic sentiment indicator advanced to -10.6 from -13.7 in the previous month.

The current conditions index rose to 76 in September from 72.6 in August. Economists had expected a decline to 72.

Meanwhile, the eurozone economic sentiment improved to -7.2 in September from -11.1 in the prior month. The consensus forecast suggested a lower reading of -10.9.