Eurozone November final consumer confidence -13.7 vs -13.7 prelim ...Middle East

Prior -12.5Economic confidence 95.8 vs 95.1 expectedPrior 95.6; revised to 95.7Industrial confidence -11.1 vs -13.2 expectedPrior -13.0; revised to -12.6Services confidence 5.3 vs 6.2 expectedPrior 7.1; revised to 6.8Slight delay in the release by the source. Economic sentiment in the euro area actually improved on the month but the devil is in the details. It was to do with better sentiment in the industrial sector, though keeping in negative territory. As for services sentiment, that deteriorated again on the month. As such, the outlook remains more challenging for the Eurozone especially with the prospect of Trump tariffs on the horizon. This article was written by Justin

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