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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
- Eurozone construction output fell 0.4% m/m in April and rose 0.2% y/y, following the steeper 1.7% m/m and 0.7% y/y declines recorded in March.
- Building activity fell by 0.6% m/m in April, compared to a fall of 1.5% m/m in March.
- Looking forward, the HCOB Eurozone Construction PMI fell at its fastest rate year-to-date in May, dipping to 44.6 from 45.2 in April, pointing to a likely renewed deterioration in Eurozone construction output when May data is published.
- The eurozone construction PMI has been contracting for 13 months and is flagging a Q2 decline as rising interest rates squeeze already-weak demand.
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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