DALY SEES 'NO URGENCY TO ADJUST THE POLICY RATE'

MNI BRIEF: Fed’s Collins Sees Rate Cuts Later Than Had Thought

MNI BRIEF: China March M2 Slows More Than Expected

MNI BRIEF: China Tightens Stock Market Supervision

MNI BRIEF: China Mar Exports Jump On Demand; Imports Improve

MNI: PBOC Sets Yuan Parity Lower At 7.0967 Fri; -4.87% Y/Y

MNI: BAKER HUGHES US RIG COUNT 617; OIL RIGS 506; GAS RIGS 109

March Home Sales Jumped At End Of Month

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

EZ ESI Dropped Amid Second Wave

EUROZONE DATA
MNI (London)

Economic Sentiment Indicator (ESI): 87.6; Prev (Oct): 91.1

Consumer: -17.6(Oct: -15.5); Industry: -10.1(Oct: -9.2); Services: -17.3 (Oct: -12.1); Retail: -12.7 (Oct: -6.9); Construction: -9.3 (Oct: -8.3)

  • The EZ ESI declined to 87.6 in Nov, coming slightly stronger than markets expected.
  • The index decreased for the first time after six consecutive months of gains with all sectors recording monthly falls.
  • Consumer sentiment registered in line with the flash result, showing a downtick to the lowest level since May amid the resurgence of infection rates.
  • Industrial confidence eased 0.9pt in Nov, while sentiment in the construction sector ticked down 1pt.
  • The service and retail trade sector saw the largest declines in Nov as the lockdown measures are weighing heavily on these sectors.
  • Service sentiment fell 5.2pt to its , while retail trade slipped 5.8pt with both indices showing the lowest level since July.
  • The employment expectations index fell for the second successive month, dropping to 86.6 which is the lowest level since June.
MNI London Bureau | +44 203-865-3814 | irene.prihoda@marketnews.com
DataHomepagemarkets-real-timeData BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

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.