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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 MAR FLASH CONSUMER CONF -19.2 (FCST -18.2); FEB -19.1
- Eurozone consumer confidence was broadly unchanged in the March flash, edging down by 0.1 to -19.2 against consensus expectations of a one-point improvement. Albeit only a minimal decline, today's print breaks a five-month streak of improving sentiment for the bloc.
- The index remains substantially lower than the long-term average. The full March release is due March 30, and will give insight on purchasing intentions for March.
- Consumer sentiment has improved by 9.5 points from the September low, supported by slowing inflation and government energy bill support schemes.
- Nevertheless, consumer spending looks to remain subdued this quarter, with a weak start to Q1 signalled by the muted January retail data. The ECB's March macroeconomic projections look for marginally positive +0.1% Q1 growth.
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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