Terminology forex : Z

Zambia Kwacha

The currency of Zambia. Currency code (ZMK)

 

 

 

 

Zero Coupon Bond

A bond that pays no interest. The bond is initially offered at a discount to its redemption value.

 

 

 

 

 

Zimbabwe Zimbabwe Dollars

The currency of Zimbabwe. Currency code (ZWD)

 

 

 

 

 

 

ZEW Economic Expectations

Definition
A leading indicator of economic health based on surveyed institutional investors and analysts. The survey asks respondents to rate the 6-month economic outlook for the nation. A reading above 0.0 indicates optimism while a reading below 0.0 implies pessimism.
Importance
The indicator incorporates current economic conditions in constructing a 6-month outlook. Since investors and analysts are highly informed regarding economic conditions, changes in their sentiment can be a reliable forecast of future economic activity.
Market Impact
If the current reading is an improvement from the past figure or is better than forecasted, it could have a positive impact on the nation’s currency.
Relevant Links:
Center for European Economic Research – http://www.zew.de/en/

 

 

 

 

 

 

 

ZEW Survey

Release Schedule : 9:00 (GMT); monthly, in the first half of the same month.
Source of Report : Center for European Economic Research
Web Address : http://www.zew.de/en/
Address of Release : http://www.zew.de/en/publikationen/Konjunkturerwartungen/Konjunkturerwartungen.php3

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