The typical/expected market impact of this event is low.
The consensus forecast for Business Confidence is 85. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.
The most recent announced value for Business Confidence was 85.8 against a forecast of 87.
Recent economic data has been moderately bearish for EUR. Other recent announcements which may affect the market's interpretation of the next Business Confidence result:
Country: | Italy |
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Currency: | EUR |
Source: | ISTAT |
Category: | Economic Activity |
Frequency: | Monthly |