Germany's investor confidence turned negative in May for the first time in five months amid concerns over further interest rate hikes by the European Central Bank and the uncertainty on the global markets over worries of a US debt default, survey results from ZEW showed on Tuesday.
The ZEW Indicator of Economic Sentiment dropped notably to -10.7 in May from +4.1 in April. The score was forecast to fall to -5.3.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.