The
European Commission said that Euro zone Consumer Confidence increased
to -21.9 in May, from -22.3 in April, the European Commission reported
on Thursday. This result is in line with market consensus. Euro zone
Economic Sentiment Indicator rose to 89.4 in May from 88.6 recorded the
previous month, above forecasts of growing to 89.
The Business
Climate improved to -0.76 in May, from -1.04, above expectations of
rising to -0.87.Industrial Confidence decline slowed down from -13.8 in
May to -13, slightly above projections of -13.1. Services Sentiment grew
to -9.3 in May from -11.1 and above market consensus of -10.8.
Source by Commodity Insights
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