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Euro zone consumer confidence improves strongly in March

BRUSSELS (Reuters) - Consumer confidence in the euro zone rose by much more than expected in March following a surprise fall in February, the European Commission said on Friday, adding momentum to the bloc's recovery. The European Commission said in a flash estimate that euro zone consumer morale jumped to -9.3 points from -12.7 points in February, beating market expectations of an improvement to -12.4 points in March. In the European Union as a whole, consumer sentiment also improved to -6.7 points from -9.3 points in February.

Euro zone consumer confidence improves strongly in March

BRUSSELS (Reuters) - Consumer confidence in the euro zone rose by much more than expected in March following a surprise fall in February, the European Commission said on Friday, adding momentum to the bloc's recovery. The European Commission said in a flash estimate that euro zone consumer morale jumped to -9.3 points from -12.7 points in February, beating market expectations of an improvement to -12.4 points in March. In the European Union as a whole, consumer sentiment also improved to -6.7 points from -9.3 points in February.

Dollar weakens in Asia after housing data boost

The dollar weakened in Asia Thursday morning after getting a boost from upbeat US housing figures, while the euro was mixed following a rare piece of good news for the eurozone economy. In morning Tokyo trading, the greenback slipped to 100.13 yen from 100.26 yen in New York late Wednesday, while the euro eased to 132.22 yen from 132.34 yen. The single currency slightly rose to $1.3207 from $1.3199 yen.

Improved manufacturing data boosts euro; yen slips

The euro traded higher against the dollar and other major currencies Monday after eurozone manufacturing data came in better than expected, raising hopes of a return to growth in the region. But the Japanese yen sagged despite a rise in manufacturer sentiment there. The euro picked up to $1.3061 at 2100 GMT, compared with $1.3013 late Friday. The euro rose to 130.17 yen from 128.99, while the dollar moved to 99.66 yen from 99.11.

Euro zone consumer confidence rises in April

BRUSSELS (Reuters) - Consumer morale in the euro zone improved in April, the European Commission said on Monday, but remained well below the currency area's long-term average. The Commission said consumer confidence in the 17-member euro zone rose to -22.3 this month from a March figure of -23.5. The reading beat expectations of economists polled by Reuters, who had expected a deterioration to -23.85.

Euro zone sentiment drops in March, ends four months of gains

BRUSSELS (Reuters) - Confidence in the euro zone's economy worsened in March, falling after four straight months of gains, the European Commission said on Wednesday. Economic sentiment in the 17 countries using the euro decreased by a worse-than-expected 1.1 points to 90.0. Economists polled by Reuters had expected a decline to 90.4.

Euro zone consumer confidence up a fraction in March

BRUSSELS (Reuters) - Euro zone consumer confidence improved marginally in March from last month, figures released on Wednesday showed. The European Commission said a flash estimate euro zone consumer morale was -23.5, a fraction up from -23.6 in February. A Reuters poll of economists had expected a rise to -23.3. Making up over half of euro zone economic output, consumer spending has remained constrained as Europe's debt crisis limits household incomes, slowing economic recovery.

GLOBAL MARKETS-Euro slumps on ECB's Draghi; shares lower

* ECB's Draghi says will monitor impact of rising euro * Euro drops sharply versus dollar, yen * U.S. stocks slide after jobless claims, retail sales data By Wanfeng Zhou Feb 7 (Reuters) - The euro fell broadly on Thursday after the European Central Bank's chief said policymakers will monitor the impact of a rising currency, while U.S. stocks slid after jobless claims and mixed retail sales data.

Big Mac prices show which euro zone states best at belt-tightening

BRUSSELS, Feb 6 (Reuters) - Forget about statistics for employment and industrial production, it is being claimed that the price of a hamburger is showing where Europe's economic reforms are working - and where they are not. By studying the different prices for McDonald's Big Mac burger throughout the euro zone between July 2011 and January 2013, Guntram Wolff, an economist at think-tank Bruegel, found evidence that struggling countries like Ireland had tightened their belts and others had not.
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