We Trade Live

EU: Client confidence in February (preliminary) improves barely to -7.four vs -7.Eight anticipated

In its newest Enterprise and Client Surveys, the European Fee mentioned that the flash shopper confidence indicator within the euro space rose by 0.5 factors to -7.four in February and got here in barely higher than the market expectation of -7.8.

“At −7.four factors (euro space) and −7.2 factors (EU), each indicators are nicely above their respective long-term averages of −11.3 (euro space) and −10.5 (EU),” the EC famous in its publication.