Forex News Swiss ZEW survey drops to 41 in July from 53.2 in June, chiefly because financial market experts' economic expectations deteriorated noticeably, says Credit Suisse which conducts the survey jointly with the Centre for European Economic Research. Analysts surveyed are becoming a tad more optimistic on inflation, with only 35.9% expecting inflation to climb on a 6-months horizon. Two thirds of participants expects short-term interest rates to remain unchanged.
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