Latest data from the European Commission - 30 January 2018
- Preliminary reading +1.3
- Economic confidence 114.7 vs 116.2 expected
- Business climate indicator 1.54 vs 1.68 expected
- Industrial confidence 8.8 vs 8.9 expected
- Services confidence 16.7 vs 18.5 expected
Prior readings can be found here.
Economic confidence retreated a little, but not too much as the prior figure got revised to 115.3. Overall, still relatively good numbers and consumer confidence remains high in the Eurozone.
These are general sentiment indicators, not the most major of data points. But still shows that sentiment on the Eurozone is still healthy.
EUR/USD now at 1.2400 after hitting a high of 1.2408 as the dollar continues to give up gains on the day. EUR/GBP has moved lower as sterling rebounds, now down to 0.8812. Meanwhile, EUR/JPY is also higher at 134.70.
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