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.” 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.