Prior readings in parenthesis:
- Manufacturing: -16.7 (-18.3)
- Business-related services: +7.0 (+3.8)
- Construction: -5.3 (-8.6)
- Trade: -9.7 (-4.5)
- Overall: -11.1 (-12.8)
This is a leading indicator for Europe, though it’s a small bump and trade is a big drag.
This article was written by Adam Button at www.forexlive.com.
Related Articles
Gold tumbles on lower geopolitical risk. Where is the risk now? What are the targets?
The price of gold is down over $80 and 3.00% which would...
Dallas Fed manufacturing business index -2.7 vs -3.0 prior
Prior was -3.0Production -0.9 vs +14.6 priorNew orders -11.9 vs -3.7 priorCapex...
GBP/USD Price Forecast: Advances, yet remains below 1.2600
The Pound Sterling advances modestly against the Greenback on Monday, with market...
Bitcoin bulls bail out as the first run at $100K fails
I worry about the risk mood at the moment as the megacap...
Leave a comment