German GfK Consumer Sentiment

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december, 2019

20dec7:00 am7:00 amGerman GfK Consumer SentimentIMPACT: EURUSD & EUR CROSSES7:00 am - 7:00 am UTC Event Type :Medium Impact Time has ran out! Better luck next time!

Event Details

What is this event?

Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity.

Measures

Level of a diffusion index based on surveyed consumers.

Effect on Currency

‘Actual’ greater than ‘Forecast’ is good for the currency.

Frequency of event

Released monthly, usually on the last business day of the current month.

Source of Data

GfK NOP (latest release)

Time

(Friday) 7:00 am - 7:00 am

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