Eurozone July Industrial Sentiment Index '-9.4'... Exceeds Expectations
On the 28th (local time), according to the European Union, the Eurozone's July Industrial Sentiment Index was recorded at -9.4. This exceeded the market forecast (-7.5) and last month's figure (-7.3).
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The Industrial Sentiment Index is an indicator that measures the sentiment of consumers and businesses. Respondents are surveyed on various topics regarding their predictions of current and future conditions. When the figure is higher than expected, it is evaluated as a strengthening of the euro; when lower, as a weakening.
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