October’s Economic Sentiment Indicator (ESI) in the Euro area and EU remained unchanged at 90.9 and 90.0, respectively, according to the European Commission press release. Employment Expectations Indicator (EEI) was down 1.8 points to 89.8 in the euro area and by 1.2 points to 90.4 in the EU.
- Prior Economic Confidence revised lower from 91.1 to 90.9.
- Prior Industrial Confidence revised lower from -11.1 to -11.4.
- Prior Services Confidence revised lower from -11.1 to -11.2.
- Industrial Confidence at -9.6 points, up from expected -10.9 points.
- Services Confidence is -11.8 points, up from expected -14.0 points.
- Consumer Confidence (final reading) is -15.5 points, the same as advance.
European stocks and the Euro are declining. CAC 40 is down 0.84%, DAX is down 0.36%, FTSE 100 is down 0.39%, EURUSD is down 0.39%
