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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.
BELGIUM
MNI (London)
BELGIUM OCT BNB BUSINESS SENTIMENT -15.5; SEP -11.8
- Manufacturing sentiment led the third consecutive downturn in sentiment for October, whilst services and commerce saw small improvements due to more robust order books.
- Manufacturing production capacity utilisation contracted sharply to 76.2% in October, from 80.7% in July.
- This trend was also flagged by neighbouring Germany in the Ifo survey this morning.
- Employment forecasts also weakened against a backdrop of weakening demand outlooks and looming recessionary fears. On Friday advance GDP data for Q3 is due, and likely to see the Belgian economy either stall or see a mild contraction.
Source: BNB
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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