Eurozone Markit Oct mftg PMI final
- 58.6 prev
- Strong new order inflows test capacity and lead to survey-record jobs growth
- All nations covered record increases in output, new orders and employment
UK construction PMI your next data cab off the rank at the bottom of hour. Expected 48.5 vs 48.1 prev
I'll be back for that after I've completed the last few posts. And made another cup of tea.
EURUSD still trawling between 1.1630-35. EURUGBP 0.8776.
Says Markit:
The Eurozone manufacturing sector started the final quarter on a strong footing. Growth of both output and new orders remained elevated, while the pace of job creation accelerated to a survey-record high. The final IHS Markit Eurozone Manufacturing PMI® rose to an 80-month high of 58.5 in October, up from 58.1 in September and slightly below the earlier flash estimate of 58.6.
The headline PMI has signalled expansion in each month since July 2013. The upturn was again led by a strong-performing core of Germany, the Netherlands and Austria. PMI readings were unchanged in Germany and Austria, while the Netherlands PMI rose to its highest level since February 2011.
Full report here
