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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
France Manufacturing Sentiment came in below consensus at 100 (vs 103 consensus, 103 revised prior from 102), returning to its long term average (since the series began in 1976).
- Whilst it is in line with long term average, it remains slightly below the pre-covid (2014-19) average of 103.7.
- In particular from the subcomponents, 'Total order books' reversed last month's gains printing -18.9 from -13 in March, in the prior six months it was lower only once at -19.2 in January. This takes it below the long term average of -17.5.
- Meanwhile, 'Export Order Books' fell to -10.7 in April (vs -4.9 prior), making it the lowest since September 2023.
- 'Finished goods inventory level' partially offset the downside, printing at 11.2 similar to January levels.
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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