OctaFX | OctaFX Forex Broker
Open trading account
Back

EMU: Consumer Confidence improves slightly in May

FXstreet.com (Barcelona) - Eurozone Consumer Confidence increased to -21.9 in May, from -22.3 in April, the European Commission reported on Thursday. This result is in line with market consensus.

Eurozone Economic Sentiment Indicator rose to 89.4 in May from 88.6 recorded the previous month, above forecasts of growing to 89.

The Business Climate improved to -0.76, from -1.04, above expectations of rising to -0.87.

Industrial Confidence decline slowed down from -13.8 to -13, slightly above projections of -13.1. Services Sentiment grew to -9.3 from -11.1 and above market consensus of -10.8.

EUR/JPY grounded at 130.54/57

The EUR/JPY has edged lower Thursday, hurt in part by the strengthening of the JPY.
Read more Previous

Flash: EUR mixed as GBP watches Carney entry - OCBC Bank

Emmanuel Ng of OCBC Bank notes that the EUR looks mixed while, GBP is poised for Carney´s arrival at the BoE.
Read more Next
Start livechat