As the pound strengthened on news of a second referendum, euro dropped to 0.862 for the first time since late February. Today, we’ll see France and Germany’s consumer sentiment index, with, again, little change expected. As with the pound, there is a feeling that we’re biding our time for the moment.
Wednesday will be interesting, with the European Commission’s consumer confidence index, services sentiment, economic sentiment and industrial confidence. With sluggish performance in the Eurozone as a whole for some time now, there are little expectations of a large uptick.
