First cab off the rank.
Spain has the first of the manufacturing PMI releases that we see today.
- Above 50.0 indicates industry expansion, below indicates contraction
- The manufacturing PMI is a survey of about 400 purchasing managers which asks respondents to rate the relative level of business conditions
- In line with expectations
- Unrelated to release, but we have DXY at resistance and Euro finding some buyers as a result.
Charts to come separately.
