- Analytics
- News and Tools
- Market News
- Eurozone Consumer Confidence Index improves to -22.2 in December vs. -22 expected
Eurozone Consumer Confidence Index improves to -22.2 in December vs. -22 expected
- Consumer Confidence Index in the Eurozone rose modestly in December.
- EUR/USD continues to trade in positive territory near 1.0650.
Consumer sentiment in the Euro area improved modestly in December with the Consumer Confidence Index rising to -22.2 from -23.9 in the flash estimate. This reading came in slightly weaker than the market expectation of -22.
In the EU, the Consumer Confidence Index rose by 1.4 points to -24.4.
"Consumer confidence remains well below its long-term average but is now slightly above the trough reached at the onset of the COVID-19 pandemic," the European Commission noted in its publication.
Market reaction
EUR/USD pair edged higher after this report and was last seen rising 0.4% on the day at 1.0648.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
