Watch out Euro bulls
Bloomberg article: Softer data pretty much all around for the eurozone this morning. This article makes the point that Draghi highlighted the potential negative impact on confidence as a key challenge to euro-area growth. The Sentix investor confidence data point out earlier came in soft at 19.2 vs 21 expected.
Q1 was soft and blamed on the timing of Easter. This data is for May and the poor data continues.
Yes, fair points. Euro bulls beware as you might be just about to be bucked...
