X-Trade Brokers - Analytics

    X-Trade Brokers

    423.50 6.25/10
    100% of positive reviews
    Real

    Sentiment in services remains unchanges

    European PMI’s turned out to be in line with what the market was expecting with a nastry surprise from Italy. Here’s how it looks like:

    Germany: 55.2 (final)

    consensus: 55.2 previous: 55.2

    France: 50.9 (final)

    consensus: 51.1 previous: 55.2

    Italy: 49.8 

    consensus: 51.5 previous: 52.1

    Spain: 55.4

    consensus: 54.0 previous: 55.1

    EMU: 53.1

    consensus: 53.1 previous:53.1

    We cannot observe any reaction on the data, but a trend in Italy’s economy is quite worrying. The country struggles with its banking sector and if the economy is to slow further, it may herald a greater problem for the European decidents. 

     

    Any person acting on this information does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it.


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