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Eurozone August flash services PMI 48.3 vs 50.5 expected

Eurozone August flash services PMI 48.3 vs 50.5 expected
Prior 50.9Manufacturing PMI 43.7 vs 42.6 expectedPrior 42.7Composite PMI 47.0 vs 48.5 expectedPrior 48.6The services and composite readings are at 30-month and 33-month lows respectively. That is the key thing to note as the euro area economy is slumping further in August. The ECB is going to have a tough job to balance out the narrative ahead of next month now. Days like these are the best meme days: This article was written by Justin Low at www.forexlive.com... Read More
Posted: Aug 23 2023, 08:03
Author Name: forexlive
Views: 111719

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