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Business Climate Indicator (Nov 2019)...>

FRANCE DATA
MNI (London)
FRANCE DATA: Business Climate Indicator (Nov 2019) Preview 21/11/19
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- Bus Climate Indicator (BCI): Bbg Cons: 105; Prev (Oct): 105 
- Manufacturing Sentiment: Bbg Cons: 100; Prev (Oct): 99 
- Markets are looking for the French BCI to remain at Oct's level in Nov, after
the index fell by 1pt to 105 in Oct. 
- Manufacturing sentiment plummeted to its lowest level since Mar 2015 in Oct,
however the index is forecast to rebound and pick up by 1pt to 100 in Nov. 
- France's manuf PMI is holding up better than its EZ peers, with the index
remaining in expansion territory since Mar. 
- The Nov flash estimates are due on Friday and markets are looking for another
uptick for France's composite, services and manuf PMIs. 
- Similarly, the ZEW and the Sentix index suggest a slight improvement in
sentiment for the Eurozone in Nov.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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