France’s business confidence to remain steady in November

France's INSEE survey, which comprises around 20,000 and a reliable tool for forecasting near term activity, is expected to release today.

The impact of the Paris attacks in the domestic business activities of France is likely to be modest. History suggests that as long as the Terrorists attacks are not frequent, the economic impact is negligible and transitory. 

Societe Generale expects the INSEE business confidence index to remain at 101. It added the business climate level would be consistent with GDP growth of around 0.45% in Q4, whereas, manufacturing confidence is likely to fall to 102.