Eurozone services PMI slips to 51.6 vs 51.7 est
Eurozone S&P Global Services PMI for August final came in at 51.6, below the 51.7 estimate. Composite PMI was 52.0, versus 52.1 expected.
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Eurozone S&P Global Services PMI for August final came in at 51.6, below the 51.7 estimate. Composite PMI was 52.0, versus 52.1 expected.
Eurozone Services PMI final actual 51.6 versus forecast 51.7 and prior 51.7.
Eurozone Services PMI Final
European equity futures pointed to a slightly higher open after oil prices fell following Trump’s view that renewed Iran attacks would likely be short-lived. Bond yields eased; investors watch Eurozone PPI, Turkey inflation and PMI releases.
() -- Private sector output in the euro area saw a stabilization in June as inflationary pressures eased and growth in manufacturing offset a slower decrease in the services sector, after two months of decline. The seasonally adjusted S&P Global Eurozone Composite PMI Output Index rose to 50 in June from the previous m
() -- The euro area's private sector saw a stabilization in June, with growth in manufacturing output offset by a slower decline in the services sector, according to final data from S&P Global published Friday. The seasonally adjusted S&P Global Eurozone Composite PMI Output Index rose to a three-month high of 50 in Ju
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling over 100 points on Wednesday. The Dow traded up 0.32% to 52,488.18 while the NASDAQ fell 0.43% to 26,102.23. The S&P 500 also fell, dropping, 0.01% to 7,499.07. Leading and Lagging Sectors Communication services shares jumped by 2% on We