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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.
GERMAN DATA
MNI (London)
GERMANY JUNE GFK CONSUMER CONFIDENCE -26.0; MAY -26.6r
MAY REVISED DOWN 0.1 POINTS
- Consumer confidence outlook for June ticked up 0.6 points to -26.0, following May's historic low as the Ukraine war and soaring inflation continue to sap confidence. Confidence remains 0.5 points weaker than the 1-point recovery expected by consensus.
- Propensity to buy was unchanged, whilst economic and income expectations saw a slight improvement. These indicators remain close to the lows.
- The German economy remains hampered by persistent supply shortages and disruptions, with semiconductor shortages noted as continuing to halt manufacturing recovery.
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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