Main focus in Europe Today is industrial production data
which has come out below expectation the actual figure has come out worse than
the previous month and well below consensus.
Industrial production Released at 10.00am actual -3.7% consensus
-3.2 Previous -3.6
industrial Production measures the change in the total inflation-adjusted value of output produced by manufacturers, mines, and utilities.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
In Greece the government approved a series of Tax Hikes to increase
Government Income
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