Germany’s ZEW investor sentiment index likely to have improved again in March

Investors' optimism may have been dampened by the latest data revealing that German industrial production was unchanged in January and that exports fell. 

But the continued rise in the DAX equity price index and the Sentix Investor Sentiment Index suggest that the ZEW index will have continued its upward trend for now. 

Capital Economics notes in a report on Monday:

• After rising to a one-year high of +53.0 in Feb, we forecast Germany's ZEW investor sentiment (10.00 GMT) to have improved again in March, to about +58.0, as investors shrugged off fears over Greece and focused on the benefits of a weaker euro and lower bond yields.