France Markit Oct mftg PMI now out 2 Nov
- 56.7 prev
- Output and new orders rise at marked rates
- New export orders continue to increase
- Business sentiment improves
Second up and soggier than expected.
Says Markit:
The revival of the French manufacturing sector continued at the start of the fourth quarter. Output growth was little-changed from September's multiyear high, buoyed by further robust client demand in both foreign and domestic markets. Firms responded to higher production targets by taking on new staff and expanding their purchasing activity. Alongside this was a further robust degree of business sentiment. Elsewhere, inflationary pressures intensified amid higher raw material prices
Full report here
Germany and EZ next
EURUSD 1.1632 EURGBP up at tad at 0.8778
