Eurozone Flash Manufacturing PMI Comes in at 53.6 For November

According to the preliminary report from IHS/Markit research, Eurozone business activity fell sharply in November as countries introduced more aggressive measures. In fact, the Eurozone manufacturing purchasing managers index (PMI) fell to a three-month low level of 53.6 during the reported month, down from 548 in October. Adding to this, the Services PMI dropped to a six-month low level of 41.3 in November.