Latest Eurozone data from Italy - 22 December 2017
- Industrial sales y/y +6.0% vs +5.2% prior
- Industrial orders m/m +1.9% vs -3.9% prior
- Industrial orders y/y +12.5% vs +4.5% prior
Business sentiment data from Italy. Offers a glimpse into the Italian economy, and part of the economic conditions trend of the Eurozone.
Some solid numbers out of Italy compared with prior readings. Adds to the positive sentiment in the Eurozone or at the very least doesn't take anything away from that. But it's a lagging data - one from October, so don't look too much into that - but helps with Q4 GDP numbers.
EUR/USD still subdued, now at 1.1846 as the Catalonia elections sentiment is casting a bit of a shadow on the euro today.
