Latest data from the European Commission - 8 January 2018

  • Preliminary reading +0.5
  • Economic confidence 116.0 vs 114.8 expected
  • Business climate indicator 1.66 vs 1.50 expected
  • Industrial confidence 9.1 vs 8.4 expected
  • Services confidence 18.4 vs 16.5 expected

Prior readings can be found here.

Positive numbers all round as Eurozone sentiment continues to hold strong. That should bode well for the euro in the grand scheme of things. For today though, dollar strength is the overriding theme.

EUR/USD now at 1.1993 - not much of a change.