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EUR: Raft of data from Eurozone

By Smart Currency October 12th, 2016

Yesterday saw the German Centre for European Economic Research release positive key data. Both German economic sentiment and current economic conditions came in significantly better than expected, and Eurozone-wide economic sentiment also improved significantly. Despite this release, the euro weakened against the dollar and strengthened slightly against sterling.

Today sees France and Portugal release data on consumer price levels (CPI and harmonised CPI with the wider bloc), Germany releases data on wholesale prices and, and the Eurozone releases industrial production data. Although some of the more powerful economies (as well as the Eurozone bloc as a whole) are releasing data, these are not headline figures and are therefore unlikely, in isolation, to have a significant impact on the euro.