BOF business sentiment data now released 10 May 2016
- 99 prev
- services climate indicator 96 vs 96 prev
- construction climate 97 vs 96 prev
Not a price changer.
BOF forecasts:
- Q2 GDP +0.3%
- April mftg capacity utilization 77.9% vs 78.2% prev
- April industrial output increased, seen accelerating in May
- services grew more slowly, seen stronger in May
Also out:
- French budget balance YTD -€27.5bln vs -€25.6bln prev
EURUSD drifts higher to 1.1387 on USD sales generally with USDJPY a tad lower at 108.74
