French July PMI manufacturing has come in at 47.9, up from 45.9 in June, and better than median forecast of 46.5. Services meanwhile show a surprisingly sharp drop to -45.5 from 47.2 in June, some way worse than median forecast of 47.7.
The composite is down to 47.2 from 47.8 in June.
EUR/USD has slipped back to 1.4185 at writing.