Eurozone Markit mftg PMI Dec flash 54.9 vs 53.7 exp

Eurozone Markit mftg PMI Dec flash 15 Dec

  • 53.7 prev
  • services 53.1 vs 53.8 exp/prev
  • composite 53.9 as exp/prev

Stronger mftg headline continues the morning's theme but softer services.

EURUSD 1.0498 with a good two-way battle going on around the large 1.0500 expiries. Barrier option demand at 1.0450 providing support.

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