At +51.0, the ZEW Index (May; economic expectations) turned out significantly better than expected (forecast was +32.0; previous month was +28.2).
However, the sentiment of the current situation is catastrophic! It is at -93.0 (forecast was -88.0; previous month was -91.5).
So once again (as in the previous month!) total schizophrenia. Ultra bad situation and huge hope. Already in April there was a lot of hope. That hope was not really confirmed in the last month.