The typical/expected market impact of this event is low.
The consensus forecast for Business Confidence is 88.4. A higher value than forecast tends to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
The most recent announced value for Business Confidence was 87.9 against a forecast of 87.5.
Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Business Confidence result:
| Country: | Italy |
|---|---|
| Currency: | EUR |
| Source: | ISTAT |
| Category: | Economic Activity |
| Frequency: | Monthly |