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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.
SWEDEN
MNI (London)
SWEDEN JAN ECONOMIC TENDENCY SURVEY 82.3; DEC 85.0
- The Swedish Economic Tendency Survey weakened by 2.7 points to 82.3 in January as manufacturing and services edged lower. The indicator remains firmly below the long-run average of 100.
- The slump was driven by a 4.2-point decline in manufacturing sentiment, which had now declined for eight consecutive months on the back of weak order demand. Consumer confidence ticked up only marginally.
- This data adds to a recent slew of European sentiment indexes.
- As of yet the eurozone data has largely signalled a more shallow recession as forward-looking outlooks improve swiftly. Yet the decline in Swedish outlooks implies the picture for the EU remains less certain.
- Italian business and consumer confidence are due at 0900 GMT and EU/EA aggregate indicators are due on Monday.
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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