Eurozone August final consumer confidence -16.0 vs -16.0 prelim

<ul><li>Economic confidence 93.3 vs 93.7 expected</li><li>Prior 94.5</li><li>Industrial confidence -10.3 vs -9.9 expected</li><li>Prior -9.4; revised to -9.3</li><li>Services confidence 3.9 vs 4.2 expected</li><li>Prior 5.7; revised to 5.4</li></ul><p>The data seems to be released early (supposed to be at 0900 GMT), or at least this is via Reuters. In any case, this points to a softening in economic sentiment in the euro area and that reflects the growing pessimism towards the economy as we get into Q3.</p>

This article was written by Justin Low at www.forexlive.com.