- -9.8% prev
- lowest since May 2013
- third consecutive monthly fall
Sentix says
While expectations were only just below the zero-mark in September, they are now clearly in negative territory and means that a technical recession in the Eurozone – two consecutive quarters of contraction -is ever more likely
It’s conspicuous that neither ECB’s rhetoric not its measures were able to drive up investor expectations of the economy this month
EURUSD still grinding its way higher at 1.2543 despite the weaker reading
