Latest data released by Markit - 5 February 2019
- Prior 51.2
- Composite PMI 51.0 vs 50.7 prelim
- Prior 51.1
Preliminary readings can be found here. The final prints here are a tad better than initial readings but it doesn't take away from the fact that things aren't well in the Eurozone economy to start the new year.
The composite reading slips a little to its lowest since July 2013 while new business index dips to contraction territory - seen at 49.5 in January - from 50.7 in December. That's the weakest reading in new business sentiment since June 2013.
EUR/USD still holds near the lows for the day at 1.1415 currently. EUR/GBP sits at 0.8757, a little lower on the day.
