Eurozone Industrial Production (MoM) For June -0.1% Vs. 0.4% Est.; -0.9% (Revised) Prior
Portfolio Pulse from Benzinga Newsdesk
Eurozone Industrial Production for June decreased by 0.1% month-over-month, missing the estimated increase of 0.4%. The prior month's figure was revised to a 0.9% decrease.
August 14, 2024 | 9:17 am
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The Vanguard FTSE Europe ETF (VGK) may experience short-term pressure due to the weaker-than-expected Eurozone Industrial Production data for June.
VGK, which tracks European stocks, is likely to be impacted by the weaker-than-expected industrial production data from the Eurozone. This could signal economic weakness, potentially affecting the performance of European equities.
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