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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 NOV IFO BUSINESS CLIMATE 86.3 (FCST 85.0); OCT 84.5r
GERMANY OCT NOV CURRENT ASSESSMENT 93.1 (FCST 93.9); OCT 94.2r
GERMANY NOV IFO EXPECTATIONS 80.0 (FCST 77.0); OCT 75.9r
- The November IFO survey recorded an improvement in both the headline business sentiment index, boosted by improved outlooks.
- Despite the current assessment of conditions worsening due to weak new orders, business expectations lifted off 2020 lows, breaking a five-month fall.
- The report signals that the anticipated recession is projected to be less severe than initially expected, with IFO looking for a -0.05% q/q contraction. Filled gas reserves, a warm start to winter and government energy support packages have boosted expectations across manufacturing, services, trade and construction.
- Only the energy-intensive production industry signalled worsening expectations, remaining severely hampered by high energy prices and cutting back on production. In the latest September data energy-intensive production was close to 10% lower.
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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