Prior -73.8Outlook 41.8 vs 42.3 expectedPrior 47.5
Political uncertainty in France and a lack of clarity regarding the ECB’s next monetary policy steps are said to be reasons weighing on economic sentiment in the latest survey. Domestically speaking, a fall in German exports by more than expected is also contributing to the softer mood overall. That despite a better headline reading, which is still deeply negative.
This article was written by Justin Low at www.forexlive.com.
