Euro takes advantage of lower Treasury yields to counter continued weaker-than-expected data - London Business News | Londonlovesbusiness.com
Briefly

from London Business News | Londonlovesbusiness.com3 months ago
The Euro has made a slight recovery against the US Dollar, rising 0.2% to 1.051, despite remaining near its lowest levels this year.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/euro-takes-advantage-of-lower-treasury-yields-to-counter-continued-weaker-than-expected-data/
The recent GfK Consumer Climate Index reported a headline reading of -23.3 for November, significantly below expectations, highlighting declining income expectations and increasing pessimism.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/euro-takes-advantage-of-lower-treasury-yields-to-counter-continued-weaker-than-expected-data/
Consumer expert Rolf Bürkl noted that the increase in consumer uncertainty has led to a greater willingness to save, indicating a bleak outlook for the economy.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/euro-takes-advantage-of-lower-treasury-yields-to-counter-continued-weaker-than-expected-data/
The Ifo Business Climate report pointed to a 'floundering' German economy, with waning business sentiment reflected across various sectors, compounding economic woes.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/euro-takes-advantage-of-lower-treasury-yields-to-counter-continued-weaker-than-expected-data/
Read at London Business News | Londonlovesbusiness.com
#euro-currency #us-dollar #german-economy #consumer-confidence #business-sentiment
[
|
]