Eurozone: Consumer confidence likely to increase further – Danske Bank

In the euro area, consumer confidence is due for release today and will be keenly watched by investors according to the analysts at Danske Bank.

Key Quotes

“Consumer confidence rose from -3.6 in April to -3.3 in May, which is its highest level since 2007. We believe that consumer confidence will increase further as employment continues to be a tailwind and uncertainty over a euro break-up is fading with the outcome of the French election.”