Latest Eurozone data released by Markit 5 Dec 2017
- Composite PMI 60.3 vs 60.1 expected
The key highlight here is that employment growth hit a near 16.5 years high - with the sharpest round of jobs creation since July 2001.
Full report by Markit here.
Another positive reading, this time from one of the major countries in Europe. Again, as I mentioned previously, this only bodes well for sentiment in the Eurozone. It's not just one reading that matters. It's an accumulation of them.
We have Germany's data out next.
