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Eurozone Industrial Production jumps 1.3% MoM in July, as expected

The Eurozone industrial sector activity turned around in July, the latest data published by Eurostat showed on Monday.

Industrial output in the old continent jumped by 1.3% month-over-month (MoM) in July, as expected, following a 1.9% drop in June.

Annually, Eurozone Industrial Production increased by 1.5% in the same period, as against June’s -3.6%.

EUR/USD reaction to the Eurozone Industrial Production data

developing story ....

Germany Industrial Production n.s.a. w.d.a. (YoY): 1.5% (July) vs -3.6%

Germany Industrial Production n.s.a. w.d.a. (YoY): 1.5% (July) vs -3.6%
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Crude Oil price today: WTI price bullish at European opening

West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $62.53 per barrel, up from Friday’s close at $61.72.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $65.46.
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