German ZEW Economic Sentiment Index drops sharply to 19.2 in August vs. 38.0 expected

• Germany’s ZEW Economic Sentiment Index slides to 19.2 in August.
• EUR/USD eases toward 1.0900 after German and Eurozone ZEW surveys.

The headline German ZEW Economic Sentiment Index dropped sharply from 41.8 in July to 19.2 in August, missing the market consensus of 38.0.

more to come ....