Eurozone Markit Nov PMI final 60.1 vs 60.0 exp

Eurozone Markit Nov PMI final reading now out 1 Dec

  • 60.0 flash

A tad better final showing leaves EURUSD a tad lower as EURGBP sellers prevail into 0.8835

DAX down 1% now.

Don't forget these are only small revisions. The main impact will have been seen on the flash readings.

Says Markit;

  • The upturn in the euro area manufacturing sector continued to surge forward in November. Strong accelerated expansions in production and new orders, aided by series-record growth in new export business, underpinned the steepest increase in employment since the survey began in June 1997.
  • The final IHS Markit Eurozone Manufacturing PMI® rose to 60.1 in November, its best reading apart from April 2000's series-record high.
  • The headline PMI has now remained above the neutral 50.0 mark for 53 months, with the latest figure slightly above the earlier flash estimate of 60.0.

Full report here

investingLive Premium
Telegram Community
Gain Access