Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

Euro zone consumer confidence -9.0 vs. -7.0 forecast

Published 02/26/2016, 05:00 AM
© Reuters.  Euro zone consumer confidence revised down
EUR/USD
-
EUR/GBP
-
EUR/JPY
-
STOXX50
-

Investing.com - Consumer confidence within the euro zone fell in February, revised industry data showed on Friday.

In a report, the European Commission said that euro zone consumer confidence was revised to an annual rate of -0.9 from the initial reading of -8.8 reported on February 19, and compared to -6.3 in January.

Analysts had expected euro zone consumer confidence to clock in at -7.0 in February.

After the release, EUR/USD traded at 1.1014 compared to 1.1016 prior to the data, EUR/JPY was at 124.42 relative to the previous 124.38, and EUR/GBP moved at 0.7851 compared to 0.7852 earlier.

European stocks continued posting gains after the release with the benchmark Euro Stoxx 50 rising 2.63%.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.