European Trade Sentiment Turns for the Better, Still Close to the Worst — Panjiva
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European Trade Sentiment Turns for the Better, Still Close to the Worst

Brexit 174 Business Sentiment 182 European Union 781 France 148 Germany 228 United Kingdom 339

European business sentiment towards export orders is improving, but is still firmly negative. The latest IFO survey for Germany shows a net 2.1% of managers see lower orders from 2.7% a month earlier, though that’s still the second lowest result since 2012. There’s a similar pattern in France’s INSEE survey. The risks of a no-deal Brexit are likely to blame, though exports to the U.K. are already in decline with those from Germany having fallen by 26.2% year over year in June and those from France down 3.2%. European exporters also face policy risks in the U.S., particularly for the auto...

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