EU Data Disappoints Again
Fresh macro data from EU but same story, almost all figures came in worst than analyst’s expectations here is the scorecard:
European Monetary Union Business Climate came in at 0.17, below expectations of 0.23 for June
European Monetary Union Industrial Confidence came in at -5.6, below expectations of -3.1 in June
European Monetary Union Economic Sentiment Indicator registered at 103.3, below expectations of 104.6 in June
European Monetary Union Consumer Confidence meets forecasts at -7.2 in June
European Monetary Union Services Sentiment also came in at 11 below forecasts of 12.4 for June
EUSUSD continues to trade in green after the data at 1.1370 and close to daily high at 1.1381