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EMU: Consumer Confidence soars to 15.4 in November

FXstreet.com (Barcelona) - Eurozone Consumer Confidence surprised to the upside in November, jumping to 15.4 from -14.5 in October, the European Commission reported on Thursday. Market consensus pointed to a drop to -15.4.

Eurozone Business Climate rose to 0.18 in November, from -0.08 in October, above expectations of an increase to 0.03.

The Economic Sentiment Indicator climbed to 98.5 from 97.7 and above forecasts of rising to 98.0.

Industrial Confidence decline slowed down from -5 to -3.9, above expectations of -4.4. Services Sentiment grew to -0.8 from -3.7 and beating forecasts of -3.5.

Flash: USD/JPY mulls 102.00 threshold– OCBC Bank

Emmanuel Ng, FX Strategist at OCBC Bank feels that UST yields and Central Bank commentary may weigh on JPY sentiment today...
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