French unemployment unexpectedly rose to the highest level in five years, adding to signs the euro area’s second largest economy was already on a weak footing when the Iran war began.
German investor optimism unexpectedly improved on hope that the fighting in the Middle East will end soon, reducing the threat to Europe’s largest economy.
German industrial production unexpectedly fell in March for a second month, adding to worries for Europe’s largest economy as it grapples with the Iran war.