Industrial production in the Eurozone recorded steady growth of 0.60%, up from the declines of -0.30% in the prior month, bolstered in part by the weakening of the Euro over the past year. The uptick in monthly industrial production which managed to beat estimates of 0.30% comes after two-straight months of declines, but remains below the March highs of 1.10%. EURUSD was little changed on the data although biased to the downside with the currency posting -0.14% losses yesterday. Focus will now shift to the French CPI and the Eurozone and German ZEW economic sentiment figures due out. Median estimates point to a possible decline in the ZEW economic sentiment both for Germany and the Eurozone, so a potential beat on the estimates could keep the Euro well supported against the Greenback in the near-term.