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November 21, 2025
Euro traded at 1.1500 against USD at 9:00 AM PST
French manufacturing confidence weakened in November after strengthening in the previous month. The manufacturing confidence index dropped to 98 in November from 100.9 in October, which was the highest since March 2024.
Personal production expectations eased in November, with the index falling to 14 from 19 in the previous month, which was the highest level since February 2022. By contrast, the balance on past production improved to -10 from -13. The morale for the general production outlook in the country rose marginally to -10 from -11. The overall order for books worsened to -20 from -25, with the foreign order books falling to -15 from -4.
The balance of opinion on the current level of finished goods inventories stood at 16, down from 19 in October. Indicate the trend in selling prices over the next three months decreased from 4 to 2. The opinion regarding the evolution of workforce size has diminished slightly since October.
The overall business confidence index, which comprises the responses of business leaders from various sectors, including manufacturing, construction, services, retail trade, and wholesale trade, rose to 98 in November from 97 in October. Similarly, the employment climate index improved to 96 from 95. 11/21/2025 - 05:54:00 (RTTNews)
Germany's private sector growth softened in November with slower increases in both services and manufacturing. The composite output index slid to 52.1 in November from a 29-month high of 53.9 a month ago. The result reflected slower rates of growth in both manufacturing and services.
Factory production logged its weakest growth since July. Similarly, service activity growth slowed in November. The services Purchasing Managers' Index logged 52.7 in November, down from 54.6 in the previous month. The manufacturing PMI hit a six-month low of 48.4 in November compared to 49.6 a month ago. 11/21/2025 - 04:17:00 (RTTNews)
British Pounds traded at 1.3088 against USD at 9:00 AM PST
U.K. retail sales declined for the first time in five months in October as consumers delayed their spending in the lead-up to Black Friday. British consumer confidence deteriorated in November ahead of the upcoming autumn budget.
Retail sales fell 1.1% monthly in October, in contrast to the 0.7% increase in September. This was the first fall in five months. Excluding automotive fuel, retail sales declined by1.0% in October after rising 0.7% in September. Food store sales were down 1.1% and non-food store sales decreased 0.6% in October. Automotive fuel sales registered a 2.4% decrease.
The consumer sentiment index dropped two points to -19 in November. The past personal financial situation index, as well as the future personal financial situation indicator, lost two points each. The index for future general economic conditions also slid two points. The assessment of the past general economic situation edged down one point. The major purchase index posted the biggest fall of three points. 11/21/2025 - 02:51:00 (RTTNews)
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