Latest data released by Markit - 4 January 2019
- Composite PMI 48.7 vs 49.3 prelim
Preliminary figures can be found here. That's worse than initial estimates and Markit points out that the readings here are affected by the social unrest arising from the yellow vest protests. If January prints don't show much of a rebound, expect that to weigh on the euro. In the meantime, the poor readings here are still very much old news as initial estimates already showed that they fell into contraction territory.
