EMU: Construction Output slides by 0.6% in November

FXstreet.com (Barcelona) - Eurozone Construction Output declined by 0.6% in November, following a 1.2% drop in October, according to the report released today by the Eurostat.

On an annual basis the Eurozone Construction Output fell 1.7% in November, up from the 2.4% decrease registered the previous month.

EU November Construction Output s.a (MoM): -0.6%; -1.7% (YoY)

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Flash: NZD most overvalued G10 currency - BTMU

Derek Halpenny, European Head of Currency Strategy at the Bank of Tokyo Mitsubishi UFJ notes that NZD has topped the list at the most overvalued G10 currency.
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