
July Current Situation index from Centre for European Economic Research (ZEW) in Germany is due at 11:00 (GMT+2). The indicator reflects the prevailing sentiment among financial analysts in Germany, and the subject of the study are the most important indicators: inflation, interest rates, stock indices, exchange rates, and the price of oil. The indicator is likely to slow down the negative dynamics from −73.8 points to −73.0 points, still putting pressure on the euro quotes.

