EU Data Disappoints Again

Fresh macro data from EU but same story, almost all figures came in worst than analyst’s expectations here is the scorecard:

European Monetary Union Business Climate came in at 0.17, below expectations of 0.23 for June

European Monetary Union Industrial Confidence came in at -5.6, below expectations of -3.1 in June

European Monetary Union Economic Sentiment Indicator registered at 103.3, below expectations of 104.6 in June

European Monetary Union Consumer Confidence meets forecasts at -7.2 in June

European Monetary Union Services Sentiment also came in at 11 below forecasts of 12.4 for June

EUSUSD continues to trade in green after the data at 1.1370 and close to daily high at 1.1381