EMU: Consumer Confidence at -16 in August

FXstreet.com (Barcelona) -The European Commission informed that the Consumer Confidence during August in the 17-nation bloc bettered to -16 vs. estimates at -16.5 and July’s -17.4. The Economic Sentiment improved to 95.2, Industrial Confidence rose to -8 and Services Sentiment advanced to -5.3. All prints surpassed both expectations and July’s readings.

EUR/CHF consolidates over 1.2300

FXstreet.com (Athens): The EUR/CHF is heading smoothly downwards on European trading session, but well above 1.2300 area.
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EMU: Consumer Price Index rose 1.3% YoY

Advanced Consumer Prices published by Eurostat rose at an annual pace of 1.3%, below the median at 1.4% and lower than the previous increment of 1.6%...
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