Suddenly Everything's Looking Good in the Euro Area
- German business confidence adds to signs of underlying force
- Receding French election risks may allow economy to flourish
Credit Agricole Says Risks Have Shifted to the Upside
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It’s looking good for the euro area right now and there’s every chance that’s how it will stay.
Germany, the region’s largest economy, started the week off with a surge in business confidence, while Tuesday saw French manufacturing sentiment rise to a six-year high. With a damaging outcome in that country’s presidential elections seen as largely out of the way, the region’s top two economies might have just the environment they need to fully blossom.