The euro is trading around the same levels against the pound and the dollar this morning ahead of industrial production figures for the Eurozone, which will be released later today.
The figures are expected to show that industrial production has increased by 10.4% year-on-year and decreased by 0.2% in June of this year.
If verified, Italy has recorded the hottest ever temperature in Europe, with the island of Sicily reaching 48.8C. Italy’s health ministry has issued “red” alerts for extreme heat in several regions.
