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Eurozone Economic Sentiment Indicator ticked up from 95.6 to 96.0 in May, matched expectations. Employment Expectations Indicator fell -0.3 pts to 101.3. EU ESI rose 0.3 pts to 0.6.5. EU EEI fell -0.4 to 101.2.
Eurozone unemployment unexpectedly dipped to a record low in April, official data showed on Thursday, while confidence edged higher.
Yen is currently trading as the strongest currency for the day as the markets enter into US session. The earlier dip below 160 psychological support against Dollar spurred a wave of buying, propelling Yen sharply higher. However, subsequent trading has not shown clear follow-through momentum, indicating that the initial surge may have been more of a reactive spike.
Eurozone Economic Sentiment Indicator fell from 96.2 to 95.6 in April, below expectation of 96.9. Employment Expectations Indicator fell from 102.5 to 101.8. Economic Uncertainty Indicator fell from 19.3 to 18.8.
Eurozone Economic Sentiment Indicator rose from 95.5 to 96.3 in March, above expectation of 96.1. Employment Expectations Indicator rose from 102.5 to 102.6. Economic Uncertainty Indicator fell from 20.3 to 19.2.