German Jan Flash Mfg PMI rises sharply to 48.8

from 46.0 in December, expectations were for 46.8, an 11 mth high

Jan Services PMI up to 55.3 from 52.0 in December (19 mth high)

Jan composite flash PMI jumps to 12 mth high of 53.6 from 50.3 in Dec

EUR/USD jumping 30 pips on the strong reading to around 1.3333

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