Eurozone’s preliminary consumer confidence index drops to -5.5 in May

Market news

21 May 2015

Eurozone’s preliminary consumer confidence index drops to -5.5 in May

The European Commission released its preliminary consumer confidence figures for the Eurozone on Thursday. Eurozone's preliminary consumer confidence index declined to -5.5 in May from -4.6 in April.

The reading remains above the levels in the recent years since the financial crisis, but it seems that the boost from lower energy prices is fading.

Gold price traded lower on yesterday’s release of the Fed’s April monetary policy meeting minutes

U.S. leading economic index climbs 0.7% in April

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