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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
BELGIUM
BELGIUM MAY BUSINESS SENTIMENT -9.2; APR -7.8
- Belgian business sentiment declined in May, driven by the declining outlooks for the manufacturing industry and construction.
- The manufacturing industry saw the biggest decline in sentiment, dipping to -14.3 from -12.1 in April, while construction sentiment dipped to -6.6 from -5.4.
- The services outlook remained the only positive variable, although it weakened slightly from 11.4 to 10.5. The trade outlook meanwhile improved moderately from -15.9 to -9.2.
- May saw a marked decline in the manufacturing demand outlook and a slight cooling in the services demand outlook.
- The overall negative drift of the Belgian survey follows a similarly downbeat German IFO Survey for May; the overall IFO Business Climate index declined, led by falling expectations. As such, this data points to evidence of Eurozone growth outlooks weakening.
Source: BNB
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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