2014.11.2612:58:00UTC+00Ez Economic Sentiment Indicator Probably dropped Back in Nov: Capital Economics

Quotes from Capital Economics:
- October's rise in the EC's Economic Sentiment Indicator (ESI) (10.00 GMT) from 99.9 to 100.7 raised hope that growth might accelerate a bit towards the end of this year. A further rise in November would strengthen that hope, but the clues from other indicators like the composite PMI - which fell - are not particularly encouraging. 
- The EC's consumer confidence indicator, which has already been released and forms a component of the ESI, also dropped. Accordingly, we have pencilled in a slight relapse in the ESI back to around 100, leaving it consistent with continued sluggish growth in euro-zone GDP of about 1% per annum.