Eurozone October services PMI 52.2 vs 51.8 expected


  • Prior 51.8
  • Composite PMI 50.6  vs 50.2 expected
  • Prior 50.2.

EURUSD being gently bid on these better PMI’s out of Europe. These are good signs in far as they go, e.g for today. However, longer term the eurozone is still depressed and a Q4 decline looks likely.