• The eurozone business climate index fell to 0.82 in December, from 1.04 in November, compared with a WSJ consensus forecast of 0.99

Market news

8 January 2019

The eurozone business climate index fell to 0.82 in December, from 1.04 in November, compared with a WSJ consensus forecast of 0.99

The eurozone business climate index fell to 0.82 in December, from 1.04 in November, compared with a WSJ consensus forecast of 0.99, while the economic sentiment index fell to 107.3 from 109.5, below the consensus for a smaller drop to 108.5. The euro falls to 1.1436 from 1.1452 beforehand, nearing the lowest level of the day. Earlier in the day, EUR/USD fell as low as 1.1432 after German industrial production fell 1.9% in December, its sharpest drop since the summer of 2015. - via WSJ

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