Latest data released by Markit - 4 July 2018
- Prior 53.8
- Composite PMI 54.9 vs 54.8 prelim
- Prior 54.1
Preliminary readings can be found here. Higher revision to the preliminary readings, similar to that seen in Germany. That's at least some positive news for the euro and the ECB, as there is at least some semblance of a bounce in economic activity at the end of Q2.
EUR/USD is dragged near the lows though as the dollar recoups some losses on the day, now at 1.1653. Meanwhile, EUR/GBP is steady at 0.8832 and EUR/JPY is also near the lows for the day at 128.73 though sitting in a tight range.
