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EMU: Labour Cost rises 1% in Q3

FXstreet.com (Barcelona) - The Eurozone Labour Cost increased by 1% in the third quarter of the year, following a 1.1% rise the previous quarter, Eurostat informed on Tuesday.

EUR/USD supported following better than expected ZEW readings

Having climbed to post a morning high at 1.3784, EUR/USD declined in the build up to today’ s headline European data, before edging higher on a better than expected ZEW readings.
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Spanish borrowing costs rise at debt sale

The Spanish Tesoro Público held a debt auction on Tuesday during which it sold 3- and 9- month bills at higher yields than seen previously.
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