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[macro outlook] Today, focus on the monthly rate of industrial output in the euro zone in July.
Sep 14,2020 00:00CST
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SMM9 March 14: today's focus on the monthly rate of industrial output in the euro zone in July

France's BOF business confidence index in August, as a leading indicator of economic health, the higher the business confidence index, the more optimistic French companies are about the French economy, the better the euro, and the lower the business confidence index, indicating that French companies are more pessimistic about the French economic outlook and negative for the euro.

The monthly rate of industrial output in the euro zone in July, which is a measure of the total output of factories, mines and utilities in the euro zone. It is a good reflection of the strength of the manufacturing industry. It can be used as a leading indicator of manufacturing employment, average income and personal income. If the indicator is higher than expected, the euro should be considered strong / bullish, while if the indicator is lower than expected, the euro should be considered weak / bearish.

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