German ZEW Economic Sentiment Index unexpectedly rises to 29.9 in December

• German ZEW Economic Sentiment arrived at 29.9 in December, down from 31.7 previous.
• The ZEW Current Situation for Germany came in at -7.4 in December vs. 12.5 in November.
• EUR/USD remains in the red below 1.1300 on mixed ZEW data.

The German ZEW headline numbers for December showed that the Economic Sentiment Index unexpectedly improved to 29.9 from 31.7 previous while beating estimates of 25.3.

more to come ...