December ZEW economic sentiment survey results from Germany have been released at 5.00 am ET. The sentiment index rose much more than economists had expected.
The euro extended rally against its major rivals after the data. As of 5:04 am ET, the common currency was trading at 107.05 against the yen, 1.2975 against the dollar, 1.2113 against the Swiss franc and 0.8069 against the pound.
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Forex News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.