FXstreet.com (Barcelona) - The August business climate in the Eurozone was revised from -1.18 to -1.21, and the September figure came in much higher than the expected -1.19, as it was released at -1.34.
Consumer confidence dropped from -24.6 to -25.9 as expected. The economic sentiment indicator fell from 86.1 to 85.0 unexpectedly. And both industrial confidence and services sentiment surprised on the downside in September, from -15.3 to -16.1 (consensus of -15.0) and from -10.8 to -12.0 (consensus of -11.0), respectively.
In Italy, however, business confidence improved from 87.2 to 88.3.
Consumer confidence dropped from -24.6 to -25.9 as expected. The economic sentiment indicator fell from 86.1 to 85.0 unexpectedly. And both industrial confidence and services sentiment surprised on the downside in September, from -15.3 to -16.1 (consensus of -15.0) and from -10.8 to -12.0 (consensus of -11.0), respectively.
In Italy, however, business confidence improved from 87.2 to 88.3.
