The euro has strengthened against the pound but has weakened against the dollar as the US Federal Reserve’s tapering announcement continues to affect the single currency.
Markit PMI figures were released yesterday and revealed that eurozone business growth in October was the slowest in six months. It is thought that supply chain bottlenecks and continued issues related to the pandemic are the cause.
In France, the number of people employed in the private sector rose by 0.5% in the third quarter of 2021, bringing private payroll employment above pre-pandemic levels.
Today, we will see data for eurozone retail sales as well as consumer confidence figures for Spain.
