Spain May manufacturing PMI 50.1 vs 51.3 expected

Latest data released by Markit - 3 June 2019

That's a poor reading from Spain as it basically suggests that factory activity is back to flat levels after a brief rebound. Of note, the employment index shows a contraction as it falls to 49.7, the first time it has dipped below 50.0 since December 2013.

Though not a major release but it does feed into overall Eurozone sentiment for Q2. EUR/USD sits flat currently at 1.1169.

investingLive Premium
Telegram Community
Gain Access