Julien Manceaux, Senior Economist at ING, notes that figures published by INSEE show that French business confidence remained stable in both the manufacturing and service sector in June. Key Quotes “In the industry, business confidence has been stable in the second quarter as a whole (109.5), slightly below 4Q17 and 1Q18. However, manufacturing companies are losing confidence in the general outlook (this component is down from its January peak and back at last year’s level).” “All in all, the picture remains fairly positive for activity in the manufacturing sector, although less than in the beginning of the year.” “All in all, the June confidence survey is showing that we can only count on a limited rebound of GDP in the third quarter. The extend of the slowdown (and of the strikes’ impact) in the second quarter of 2018 will therefore be key to determine this year’s growth.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CHF positive while above 0.9875/72 – Commerzbank FX Street 3 years Julien Manceaux, Senior Economist at ING, notes that figures published by INSEE show that French business confidence remained stable in both the manufacturing and service sector in June. Key Quotes "In the industry, business confidence has been stable in the second quarter as a whole (109.5), slightly below 4Q17 and 1Q18. However, manufacturing companies are losing confidence in the general outlook (this component is down from its January peak and back at last year's level)." "All in all, the picture remains fairly positive for activity in the manufacturing sector, although less than in the beginning of the year." "All in… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
