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Eurozone economic sentiment fell to 95.3, EU down to 94.0

Eurozone Economic Sentiment Indicator dropped from 96.4 to 95.3 in June, slightly below expectation of 96.0. Employment Expectations Indicator rose from 104.6 to 105.0. Economic Uncertainty Indicator dropped from 21.6 to 20.4. Industry confidence fell from -5.3 to -7.2. Services confidence fell from 7.1 to 5.7. Retail trade confidence fell from -5.3 to -6.0. Construction confidence fell from -0.3 to -2.0. Consumer confidence improved from -17.4 to -16.1.
Eurozone Economic Sentiment Indicator Expectations Indicator Uncertainty Indicator Sentiment Indicator Expectation Indicator

Currency Markets in Holding Pattern, Gold Breaches 1900

In the currency trading arena, there's been a notable lack of movement today. Gold has caught the market's attention, sliding past the 1900 psychological level. Yet Dollar remains relatively undisturbed, also showing no significant response to the latest jobless claim data and Q1 GDP final figures. Likewise, the release of higher-than-anticipated German CPI data sparked only a fleeting and mild rally in Euro, lacking subsequent follow-through. Despite today's tranquil conditions, ...
New Zealand Hong Kong United Kingdom Ben Dorber Raphael Bostic Jerome Powell

LatAm's business index falls below average figures

Paraguay remained the Latin American country with the highest projected growth for the year 2023, according to a Getรบlio Vargas Foundation (FGV) study that also showed that the region has hit its poorest business climate in the last nine months, it was reported. Argentina is at the bottom of the list.
United States Vargas Foundation Latin America Latin American Current Situation Index Expectations Indicator

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