Open Demo Account
Home / Market Update / Forex Market / Eurozone Preliminary Manufacturing PMI Beats Estimates 58.5 in October

Eurozone Preliminary Manufacturing PMI Beats Estimates 58.5 in October

Adel 22 October, 2021 1:39 pm Forex Market, Market Update

The Eurozone manufacturing sector activity improved in the reported month, the latest manufacturing activity survey from IHS/Markit research showed on Friday. The Eurozone Manufacturing purchasing managers index (PMI) arrived at 58.5 in October vs. 57.0 expectations and 58.6 prior. The index hit eight-month lows.

The bloc’s Services PMI dropped to six-month lows of 54.7 in October vs. 55.5 expected and 56.4 previous.

Tags

Check Also

Oil Prices Edge Higher but Remain Pressured by Trade and Supply Concerns

Oil prices inched higher on Monday, but gains remained modest as uncertainty over U.S.-China trade …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends