Europe’s economic confidence dips again as services sector retreats

Europe’s economic confidence dips again as services sector retreats

Sentiment across the European economy weakened again in March, with confidence in services and retail slumping. The euro area’s index fell to 95.2, deepening doubts over recovery momentum.

Weekly Focus - Mixed Signals from PMIs Amid Tariff Announcements - Action Forex

The PMI reports showed contrasting trends between the US and the euro area in March. In the euro area, manufacturing PMI rose more than expected to 48.7 from 47.6, while the US index declined to 49.8 from 52.7. March marked the first time with the US index below 50 since last year, while the euro area manufacturing output subindex rose above 50 for the first time in two years, giving the first signs of an end to the manufacturing slump in Europe…

Eurozone Economic Sentiment Sours - Archer Financial Services

CURRENCY FUTURES The U.S. dollar index is higher despite interest rate differentials turning bearish for... The post Eurozone Economic Sentiment Sours appeared first on Archer Financial Services.

Eurozone Economic Sentiment Sours

CURRENCY FUTURES The U.S. dollar index is higher despite interest rate differentials turning bearish for... The post Eurozone Economic Sentiment Sours appeared first on ADMISI.

Eurozone Economic Sentiment Sours - ADM Investor Services

CURRENCY FUTURES The U.S. dollar index is higher despite interest rate differentials turning bearish for... The post Eurozone Economic Sentiment Sours appeared first on ADM Investor Services.

The economic confidence of the European Union and the eurozone has worsened in March, after two consecutive months upwards, according to the economic sentiment indicator (ESI), developed by the European Commission, which highlights Spain as the largest economy among the twenty-seven with the best evolution.In March, the EU economic confidence indicator has fallen back to 96 points since 96.9 the previous month, while the reference for the euro a…