Conference Board’s leading economic index for the Eurozone rises 0.7% in March

Market news

30 April 2015

Conference Board’s leading economic index for the Eurozone rises 0.7% in March

The Conference Board released its leading economic index for the Eurozone on Wednesday. The leading economic index rose 0.7% in March, after a 0.6% increase in February. It was the fifth consecutive increase.

The Conference Board Senior Economist Bert Colijn said that the outlook for the Eurozone continued to improve in March.

"Despite the large downside risks of a possible Grexit, the Euro Area's economy appears to be strengthening," he added.

Moody's lowers Greece's government bond rating to Caa2 from Caa1

Germany: Unemployment Change, April -8K (forecast -13K)

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