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ZEW Expectations
The ZEW Indicator evaluates the current state of the monetary system, the labor market and the country's business climate for six months ahead. Moreover, the forecast data on inflation and economic growth are taken into account. The index value greater than zero indicates an optimistic sentiment of analysts and investors, otherwise — a pessimistic one.
In this article, we will talk about the economic calendar and determine what is better to rely on when making a decision to open deals: forecasts or previous values of indicators.
Previous studies of rollback trading have revealed the usefulness of this strategy for a number of economic events in four countries. Let's see if trading on rollbacks is suitable for Swiss events.