MNI China Daily Summary: Wednesday, Aug 28

MNI DATA TABLE: MNI China Interbank Liquidity Index (Aug) - 3

MNI DATA TABLE: MNI China Interbank Liquidity Index (Aug) - 2

MNI: PBOC Net Injects CNY19.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1216 Weds; +2.31% Y/Y

CHINA PBOC CONDUCTS CNY277.3 BILLION VIA 7-DAY REVERSE REPOS WEDS

EZ/UK Bond Supply Calendar: Slov Samurai Synd; IT, FI Thursday

US EIA: CRUDE OIL STOCKS EX SPR -0.85M TO 425.2M AUG 23 WK

US MBA: REFIS -0.1% SA; PURCH INDEX +1% SA THRU AUG 23 WK

UK: Week Ahead

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

FRANCE DATA: France Consumer Sentiment In-Line With Consensus

FRANCE DATA
Data BulletEurozoneCEEMEAFranceBulletGlobalFixed Income BulletsForeign Exchange BulletsRegionMarkets

France Consumer Sentiment was in line with consensus printing at 92 in August (vs 91 prior), making it the highest since February 2022, although remains below the long run average (from January 1987 to December 2023) of 100.

  • From the sub-components, both general economic situation and financial situation in the next 12 months improved, to -45 (from -50) and -9 (from -10), making the former the highest since February 2024 and latter highest since March.
  • Meanwhile, Consumer Prices in the next 12 months fell 6 points to -53, returning to the May trough. 
  • This general stability in France Consumer Sentiment comes amidst a rebound in Manufacturing and Services Sentiment which can be seen in the chart below.
  • The survey was conducted with around 2,000 households between July 26 to August 19.
 
 

 
128 words

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.

France Consumer Sentiment was in line with consensus printing at 92 in August (vs 91 prior), making it the highest since February 2022, although remains below the long run average (from January 1987 to December 2023) of 100.

  • From the sub-components, both general economic situation and financial situation in the next 12 months improved, to -45 (from -50) and -9 (from -10), making the former the highest since February 2024 and latter highest since March.
  • Meanwhile, Consumer Prices in the next 12 months fell 6 points to -53, returning to the May trough. 
  • This general stability in France Consumer Sentiment comes amidst a rebound in Manufacturing and Services Sentiment which can be seen in the chart below.
  • The survey was conducted with around 2,000 households between July 26 to August 19.