Latest data released by Markit - 3 April 2019
- Prior 54.5
- Composite PMI 55.4 vs 53.8 expected
- Prior 53.5
A hefty beat there for Spanish PMI figures and that will prove to be a relief after the dismal manufacturing readings seen from Germany in March. The improvement here certainly provides room for optimism as it indicates that the slump in Spain may be starting to dissipate. EUR/USD remains unphased though at 1.1216 currently.
