The euro is slightly weaker against the pound this morning, possibly due to worries over rising infection rates in Europe. As countries slowly returned to normal and tourism started again, there has been a rise in cases across countries such as Italy, Spain and Greece.

Figures indicating consumer confidence in Germany for were released for September this morning. The market research showed an unexpected drop after three consecutive months of improvement. This is also possibly due to a recent rise in COVID-19 cases and the possibility of business closures.

Consumer confidence and economic sentiment figures will be released for the whole of the Eurozone later this morning.

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