Category: Eurozone

  • Eurozone October PMIs Mixed, As Improvements Seen in Germany

    Flash PMI readings from the euro zone painted a mixed picture for the economy in October, with improvements seen in Germany but France reporting a slowdown in the manufacturing and services sectors. France’s manufacturing PMI fell to 44.5 instead of rising to 44.9 during the month, reflecting a sharper pace…

  • Forexlive European FX news wrap 30 Aug – Eurozone CPI in line with expectations

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Eurozone Money M3 annual growth 2.3 vs 2.7% expected

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Eurozone heading into recession, sell EUR/USD

    Investing.com – The euro performed relatively well in July when measured against the U.S. dollar, but BCA Research sees tough times ahead for the euro zone and advises investors to sell the single currency. At 08:50 ET (12:50 GMT), the pound was trading at 1.0818, down 0.4% on the day…

  • Eurozone July flash services PMI 51.9 vs 53.0 expected

    Previous 52.8 Manufacturing PMI 45.6 vs. 46.1 expected Previous 45.8 Composite PMI 50.1 vs. 51.1 expected Previous 50.9 Eurozone economic growth stalled in July, as growth in services activity slowed and manufacturing conditions continued to slacken. The first reading was four months lower and the second reading was a seven-month…

  • It is ‘too early’ to prefer Eurozone over the US: JPMorgan By Investing.com

    Analysts at JPMorgan said in a note to clients on Monday that they believe it is too early to favor euro zone stocks over U.S. stocks. Despite the notable performance of the MAG 7 index, which was primarily driven by MAG 7 stocks, the bank says the SPW index saw…

  • Eurozone Final April Manufacturing PMI 45.7 vs. 45.6 expected

    Eurozone Final April Manufacturing PMI 45.7 vs. 45.6 expected

    In the Eurozone, the April manufacturing PMI was 45.7 versus 45.6 expected and 46.1 previously. Key findings: Eurozone HCOB manufacturing PMI at 45.7 (March: 46.1). Lowest level in 4 months. Eurozone HCOB manufacturing PMI output index at 47.3 (March: 47.1). Highest level in 12 months. Factory output is falling at…