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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 APR FLASH CONSUMER CONF -17.5 (FCST -18.5); MAR -19.1
- Eurozone consumer confidence improved by 1.6 points to -17.5 in the April flash data, beating consensus expectations by one point.
- This is over ten points higher than the Sep '22 record low and the least negative since the Feb '22 level which represented pre-Russia-Ukraine war sentiment levels.
- The final April eurozone sentiment release due on April 27 will offer insight as to what drove the improvement in consumer sentiment.
- Of note will be insights on consumer inflation expectations, which increased in March, after having continually cooled since October. Another uptick here may be of concern to the ECB as they grapple with sticky inflationary pressures.
- On the other hand, if major purchase intentions manage to improve again in the final release next week this could be an initial tentative indication of improving demand in the eurozone outlook.
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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