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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 MAY FLASH CONSUMER CONF -17.4 (FCST -16.8); APR -17.5
- In May, consumer confidence improved only marginally in the eurozone, edging up by 0.1pp to -17.4. Consensus had been looking for a somewhat stronger 0.8pp improvement.
- The indicator remains around five points below the historical average, signalling continued pessimism despite the May flash print being the least-negative reading since February 2022 (pre-Russia-Ukraine war).
- Further detail will be released next Tuesday. Of importance will be whether the final report highlights a continuation in cooling consumer price expectations, after inflation expectations slowed to a December 2020 low in last month's report.
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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