Free Trial

MNI: EUROZONE DATA: Flash Consumer Confidence (Mar...>

MNI, NEWS
MNI: EUROZONE DATA: Flash Consumer Confidence (Mar 2019) Preview - 15:00GMT
-------------------------------------------------------------------------------
 - Market expects European Commission's Consumer Confidence Index (CCI) to
remain broadly unchanged this month.
 - Bloomberg Consensus: -7.1; MNI Median: -7.4; vs Feb -7.4.
 - After trending downwards throughout 2018, the index rebounded at the turn of
the year, climbing from -8.3 in Dec.
 - The index is set to remain comfortably above its -10.6 series average.
 - Lower inflation, positive real wage growth and employment gains continue to
support household sentiment.
 - Prospects of further accommodative fiscal and monetary policy also bode
positively.
 - An upside surprise should not be ruled out given the recent rise in Eurozone
equity prices.
 - However, slowing growth and political uncertainty (Europe & globally) will
likely keep confidence gains in check.

To read the full story

Close

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.