020 7898 0500Fears of a trade war with the US have affected the eurozone’s economic data releases recently, as well as business confidence in Germany. While there appears to have been some significant progress in trade talks, this is unlikely to have filtered through just yet, so this week could be disappointing for the eurozone.
Today we will see business confidence, services sentiment, consumer confidence and economic and industrial sentiment across the eurozone. We will also see the German inflation rate for July to begin a busy week.
Tomorrow we will have eurozone inflation and unemployment rate for June, as well as the GDP growth rate for the second quarter of 2018. With so much on the calendar this week, we may see some noteworthy moves on the currency markets.
