CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

FR Business Climate At Highest Since Apr 2018

FRANCE DATA
MNI (London)

MAY BUS CLIM INDICATOR 108; APR 96r

MAY MFG SENTIMENT 107; APR 104

MAY SERVICES SENTIMENT 107; APR 92

  • The French business climate indicator jumped to the highest level since Apr 2018, rising 12pt to 108 and surpassing market expectations (BBG: 97)
  • The index registered above the long-term average for the first time since Feb 2020.
  • Insee noted that the gradual easing of restrictions in France and other countries provided a significant boost to economic activity in May.
  • Service and retail trade sentiment both surged to 107 in May, up from 92 and 90, respectively. While service sector business climate recorded the highest level since Jan 2020, retail trade confidence posted a 17-month high.
  • Especially the food and accommodation industries are posting solid gains in business confidence the report noted.
  • Business climate in the manufacturing sector rose further as well to 107, its highest level since Apr 2018.
  • Employment climate improved as well in to 99.8 in May, up from 92.2 seen in Apr.
MNI London Bureau | +44 203-865-3814 | irene.prihoda@marketnews.com
DataHomepagemarkets-real-timeData BulletEuropean Central Bank (ECB) Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets
MNI London Bureau | +44 203-865-3814 | irene.prihoda@marketnews.com
DataHomepagemarkets-real-timeData BulletEuropean Central Bank (ECB) Market NewsBulletMarketsFixed 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.