Euro zone economic sentiment has come in at 76.0, better than the median forecast of 75.0.
Industrial confidence -30, in line with median forecast; consumer confidence -23 versus median forecast -24; services -18 versus median forecast -19.
Business climate indicator -2.71 versus median forecast of -2.83.
The better than expected data has served to raise risk sentiment.
EUR/USD has been lifted to 1.4075 at writing, while cable is back over 1.6500 at 1.6515. Next technical resistance for cable 1.6530/35.
