The latest Euro-zone money supply growth data was in line with consensus expectations
SGM-FX Tue 28 Feb 2017
The latest Euro-zone money supply growth data was in line with consensus expectations as growth slowed slightly to 4.9% from 5.0% previously while private loan growth was slightly stronger for the month at 2.2% from 2.0% previously.
Euro-zone economic confidence edged higher for February to the highest level since 2011 which underpinned growth hopes.
The latest Opinionway opinion poll for the French Presidential election registered a small improvement for Macron which provided net Euro support as concerns surrounding a potential Le Pen victory faded slightly.
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