Marcel Klok, Senior Economist at ING, notes that the Economic Sentiment Indicator for the Netherlands rose from 110.5 in April to 111.7 in May which supports their outlook for above-potential growth for the second quarter. Key Quotes “While consumer confidence fell a little in May, possibly due to increasing fuel prices and a less positive outlook for the year ahead, business confidence rose in all sectors, including retail trade and construction. In industry, production fell slightly in recent months and production expectations and new orders including export orders were more favourably judged.” “With the disappointing trade performance in the first quarter, Dutch GDP growth fell from 0.7% in 4Q to 0.5% QoQ 2018, in line with the slowdown in the Eurozone as domestic demand turned out very strong in the first quarter. Continued momentum in the housing market, increasing employment, upward wage pressure, above average levels of both consumer and business confidence as well as fiscal expansion are expected to boost domestic demand further in the second quarter.” “While not at historical records, the current level of the ESI for the Netherlands is favourable going forward.” 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 Italy: Politics keeping the financial markets busy – Rabobank FX Street 5 years Marcel Klok, Senior Economist at ING, notes that the Economic Sentiment Indicator for the Netherlands rose from 110.5 in April to 111.7 in May which supports their outlook for above-potential growth for the second quarter. Key Quotes "While consumer confidence fell a little in May, possibly due to increasing fuel prices and a less positive outlook for the year ahead, business confidence rose in all sectors, including retail trade and construction. In industry, production fell slightly in recent months and production expectations and new orders including export orders were more favourably judged." "With the disappointing trade performance in the first… Regulated 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.
