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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.
EUROZONE DATA
MNI (London)
EUROZONE SEP FLASH CONSUMER CONFIDENCE -28.8; AUG -25.0r
- Euro area consumer sentiment dropped by 3.8 points in September to a fresh record low of -28.8, another weaker-than-expected reading for the survey implying waning consumer spending for the bloc.
- Soaring inflation reaching 9.1% in August alongside pessimistic outlooks and concerns regarding neighbouring Ukraine war has generated substantial economic uncertainty within the Euro area. High cost-of-living expenses worsened by the energy crisis and fears of gas shortages into the year-end underpin confidence falling to a record low. The final release due a week later will provide further detail.
- This paints a pessimistic picture for the ECB as they appear to hike into a recession.
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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