There were no data releases from Eurozone today, and hype around French elections is slowly starting to fade, with traders more interested in broady economic indicators ahead of tomorrow's ECB interest rate decision and the following press conference. Eurozone strength is broad-based with virtually all of the surveys in agreement in terms of direction and magnitude.
The composite of these surveys is notably at post-crisis highs, thus it is fair to say the Eurozone economy is looking good - the best it has in about 10 years. The US economic survey indicators have similarly seen a synchronized surge, but there are signs that it is starting to rollover as arguably things got a little over-hyped.
UK still likely to leave the EU with a negotiated agreement, says Number 10
Sentix Investors Confidence rose to 14.7 in August
German factory orders -4.0% seasonally adjusted on the previous month
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
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