Newsig · Forex News
Germany September flash manufacturing PMI 53.8 vs 54.0 expected
Prior 54.3Services PMI 52.9 vs 50.0 expectedPrior 49.7Composite PMI 53.8 vs 51.8 expectedPrior 51.8Comment:Phil Smith, Economics Associate Director at S&P Global Market Intelligence said "German businesses reported further signs of resilience in September, with output growth picking up speed,
Why it matters
EUR/USD (Euro / US Dollar) · Why linked: Eurozone economic activity readings influence ECB policy expectations and the euro. Market context: Mixed PMI results, with services stronger than expected, modestly complicate ECB easing bets.
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