The Eurozone consumer confidence improved one point in November, standing at -16.9 compared to -17.9 in October, according to Destatis. The figure meets market expectations, and is also the best record seen in the last three months.
He Economic Sentiment Indicator (ESI) It rose three tenths in November, rising to 93.8 points compared to 93.5 the previous month (figure revised upwards from 93.3). The data improves the forecasts of the experts, who placed it at 93.7.
Finally, the business climate worsened in November, falling to -0.39 from -0.33, reaching its lowest level in three months.
EUR/USD reaction
EUR/USD is losing traction in the European morning, having risen to three and a half month highs at 1.1017 in the Asian session. The pair falls at this time to 1.0970, a new daily low, losing 0.16% on the day.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
