Eurozone PMI Data Remains Weak

08:15 AM GMT, Spain – PMI Data for November:

• HCOB Spain Manufacturing PMI: actual 53.1; forecast 53.9; previous 54.5;

08:30 AM GMT, Switzerland – PMI Data for November:

• procure.ch PMI: actual 48.5; forecast 49.6; previous 49.9;

08:45 AM GMT, Italy – PMI Data for November:

• HCOB Italy Manufacturing PMI: actual 44.5; forecast 46.1; previous 46.9;

08:50 AM GMT, France – PMI Data for November:

• HCOB France Manufacturing PMI: actual 43.1; forecast 43.2; previous 44.5;

08:55 AM GMT, Germany – PMI Data for November:

• HCOB Germany Manufacturing PMI: actual 43.0; forecast 43.2; previous 43.0;

09:00 AM GMT, Euro Zone – PMI Data for November:

• HCOB Eurozone Manufacturing PMI: actual 45.2; forecast 45.2; previous 46.0;

EURUSD shows no significant movement following the publication of manufacturing PMI data from the eurozone. The November reports, however, show a continuation of the rather weak condition in industry. Most countries report data well below the 50-point threshold, with the index for the Eurozone as a whole at 45.2. Data from Germany and France came in slightly below expectations at already very low levels. 

Source: xStation 5

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