Eurozone consumer confidence likely to increase to -4.1 in April – Danske Bank

In view of the analysts at Danske Bank, it’s going to be a relatively quiet day once again on the data front, with the main release in the euro area being consumer confidence.

Key Quotes

“The latest euro-area unemployment figures showed a decline in February to 9.5%, and such decent employment growth continues to support increasing consumer confidence, which we expect to see increased to -4.1 in April. Like financial and business sentiment, consumer confidence has also proved fairly resistant to political uncertainty, so we expect it to continue on an upward trend despite the uncertain political climate.”