Brexit and Cars to Blame For European Trade Sentiment Slowdown — Panjiva


Brexit and Cars to Blame For European Trade Sentiment Slowdown

Brexit 68 Business Sentiment 140 Cons. Discr. - Autos 661 France 103 Germany 162

The outlook for exports among French and German businesses took a downturn in the January surveys. A net 11% of French managers now expect a downturn. In Germany 5.9% expect growth, but that was the lowest ratio since April 2016. Worsening sentiment toward the outcome of Brexit talks, and resulting supply chain disruptions, were a likely factor in declining optimism. A worsening outlook for the automotive industry is also blamed for the decline in Germany. With U.S. seaborne imports of auto-components and vehicles having risen by just 2.9% year over year in December there may be a downtu...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.