France March business confidence 100 vs 98 prior

• Prior 98
• Manufacturing confidence 102
• Prior 100; revised to 101
• Services confidence 102
• Prior 99; revised to 100

French business sentiment moves back to its long-term average of 100 in March, helped by a marked uptick in wholesale trade while employment conditions remain stable. That reflects some better optimism in recent months at least. Let’s see if this will keep up as ECB rate cut expectations draw closer.

This article was written by Justin Low at www.forexlive.com.