ニュージーランドグローバル酪農貿易価格指数

カナダ住宅着工件数

カナダCPIトリミング-平均前年比

カナダコアインフレ率前月比

The ZEW Indicator of Economic Sentiment for Germany increased to 37.3 in September 2025 from 34.7 in August, beating forecasts of 26.3. "Financial market experts are cautiously optimistic and the ZEW indicator has stabilized, but the economic situation has worsened. There are still considerable risks, as uncertainty about the US tariff policy and Germany’s ‘autumn of reforms’ continues”, according to ZEW President Achim Wambach. Meanwhile, the current conditions gauge declined for a second consecutive month to -76.4 from -68.6, worse than market expectations of -75.

German Investor Morale Rises Unexpectedly

Zinc increased to 2983.00 USD/T, the highest since March 2025. Over the past 4 weeks, Zinc gained 7.14%, and in the last 12 months, it increased 1.85%.

Zinc Hits 26-week High

Wages across the Eurozone rose by 3.7% year-on-year in the second quarter of 2025, up from a 3.4% increase in the previous quarter. Among the region’s largest economies, wage growth accelerated notably in Germany (3.8% vs. 2.9% in Q1) and the Netherlands (5.9% vs. 5.7%). By contrast, growth eased in Spain (3.4% vs. 3.8%), Italy (3.4% vs. 4.0%), and France (1.4% vs. 1.9%).

Eurozone Wage Growth Accelerates in Q2

The ZEW Indicator of Economic Sentiment for the Euro Area rose by 1 point from the prior month to 26.1 in September 2025, above market estimates of 20.3. In September, about 51.7% of the surveyed analysts expected no changes in economic activity, 37.2% predicted improvement and 11.1% anticipated a deterioration. In the meantime, the indicator of the current economic situation increased by 2.4 points to -28.8 and inflation expectations went up by 3.3 points to -3.4.

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