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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.
FRANCE DATA
French Manufacturing Sentiment exceeded expectations printing at 99 in August (vs consensus 96 and prior of 95), returning to June levels after falling to the lowest level since December 2020 in July.
- The metric remains a touch below its long term average of 100 and below the pre-covid (2014-19) average of 103.7.
- The data contracts with yesterday's flash PMI data, which showed a deeper rate of contraction for the manufacturing sector.
- The graph below shows that the French services sentiment indicator released by Insee also rebounded in August after hitting the lowest level seen since 2021 in July. The bounce in services sentiment was shallower, with the measure also remaining below the pre-covid average of 100.5 (2014-2019).
- Responses for this survey were collected between July 26 and August 20.
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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