The Euro zone released the business climate indicator for August where the indicator retreated to 0.07 from the revised prior of 0.44 from 0.45 and below the expected estimate of 0.10.
Moreover, the consumer confidence was revised slightly to -16.5 from the previous of -11.2 in July, and the flash estimate of -16.6.
Furthermore, the economic confidence slumped to 98.3 from the revised prior of 103.0 from 103.2 and below expectations of 100.2.
In regards to the industrial confidence, it dropped to 2.9 from the adjusted previous of 0.9 from 1.1 and below the expected drop of 2.0.
Finally, services confidence declined to 3.7 from 6.0, worse than expectations of 6.0.