German Zew survey (economic sentiment) for the month of May slipped to 45.8 compared with the prior 53.0 and median estimates of 47.0, while current situation reading inclined to -21.6 from -39.2, higher than forecasts of -33.0.

In the euro zone Zew survey economic sentiment fell to 37.6 in May relative to 46.0 in April and projections of 38.0.