Eurozone Final Consumer Confidence holds at-24.9 in August, meets estimates

Eurozone's Final Consumer Confidence Index came in at -24.9 in August vs. -24.9 recorded previously, according to the latest data release from the European Commission. The data matched the market expectations of -24.9.

Meanwhile, the bloc’s Economic Sentiment Indicator for August dropped to 97.6 vs. 98.0 expected and 98.9 previous.

Sentiment in the industry worsened to 1.2 points from 3.4 in August and for services, the economy's biggest sector, to 8.7 from 10.4 n July.

Market reaction

EUR/USD is advancing to near 1.0035, undeterred by the mixed Eurozone sentiment data. The pair is adding 0.40% on the day, at the press time.  

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