The euro area's economic recovery appears to have suffered a setback. The European Commission's economic sentiment indicator for the region fell to 102.0 in June from 102.6 in May.
The confidence indicator for industry fell to minus 4.3 from minus 3.1 while the indicator for services rose to 4.2 from 3.8. The indicator for consumer confidence fell to minus 7.5 from minus 7.1.
However, in the US, the Thomson Reuters/University of Michigan’s final consumer sentiment index for June showed a rise to 82.5 from 81.9 in May. The preliminary reading for June had been 81.2.
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