Eurozone Consumer Confidence Unexpectedly Erodes In June

Eurozone Industrial Production Declines

Eurozone industrial production logged a monthly fall in August, reflecting the uncertainty surrounding the global trade environment. Industrial output dropped 1.2 percent month-on-month, in contrast to the 0.5 percent increase in July, Eurostat said Wednesday. However, the decline was less severe than the forecast of 1.6 percent.

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Euro Rises Amid Risk-on Mood

The euro strengthened against other major currencies in the European session on Wednesday, as European shares traded higher with French markets outperforming their regional peers, after LVMH, the owner of Louis Vuitton and Christian Dior, unexpectedly returned to sales growth in the third quarter.

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Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.

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German Economic Sentiment Rises In October

Germany economic sentiment rose moderately in October as investors still hope for an economic upturn, a monthly survey conducted by the think tank ZEW showed Tuesday. The economic confidence index rose to 39.3 in October from 37.3 in the previous month, though it fell short of the forecast of 41.2. However, assessment of the current situation continued to follow a negative trend.

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ECB Minutes Reveal Confident But Cautious Stance Amid High Uncertainty

The European Central Bank policymakers felt no immediate pressure to adjust interest rates in September as risks to both inflation and growth were seen as balanced and the high uncertainty linked to trade policies also justified the stance as this would give more time to assess the real impact of tariffs on the economy, minutes of the September policy session showed on Thursday.

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German Exports Fall On Weak US Demand

Germany's exports declined for the second straight month in August as higher trade tariffs weighed on shipments to the United States, official data revealed Thursday. Exports dropped 0.5 percent in August from July, following a decline of 0.2 percent in July, Destatis said. The drop came in contrast to the expectations for an increase of 0.3 percent.

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German Industrial Output Falls Most Since Early 2022

Germany's industrial output registered its sharpest fall in more than three years in August due to the fall in auto production, fueling concerns about a potential recession. Industrial output fell 4.3 percent year-on-year in August, in contrast to the 1.3 percent increase in July, figures from Destatis showed on Wednesday. This was the biggest fall since March 2022.

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German Factory Orders Log Unexpected Decline

Germany's factory orders declined unexpectedly in August as the positive impetus from the frontloading of orders from the U.S. faded, official data revealed, adding woes to the struggling economy. Manufacturing orders decreased 0.8 percent on a monthly basis, following a 2.7 percent decrease in July, the statistical office Destatis reported Tuesday. This was in contrast to the anticipated increas

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EURUSD	1.16098	GBPUSD	1.33584	AUDUSD	0.64888
USDJPY	151.936	USDCAD	1.3988	USDCHF	0.79596