Christopher Nye
on July 31st, 2020 The Eurozone encountered a series of slightly disappointing data yesterday. EU unemployment, German GDP, Italian bond sale and Italian unemployment came in this morning, all showing negative results.
This morning, Germany’s retail sales fell by 1.6% month-on-month in June but increased 5.9% year-on-year. Today, we’ll see more data for Europe, with Italian GDP and Eurozone GDP due later.
Although the pound has made some gains against the single currency, the euro is still looking strong overall.
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