February 2015 Italian business confidence 99.1 vs 98.0 exp

  • Prior 97.1 revised to 97.6
  • Consumer confidence 110.9 v s104.5 exp. Prior 104.0 revised to 104.4

Another reason for the jump in the euro, although most of that came just prior to the numbers. It's still a strong read for the Italians.

Small signs that perhaps the European economy really has hit the bottom and we're seeing signs of life

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