Latest German PMI flash just out

  • 53.3 prev
  • services 54.3 vs 54.5 exp vs 54.9 prev
  • composite 54.3 vs 54.6 exp vs 55.00 exp

Softer data gives euro a pause for thought but still underpinned

Markit notes rise in new orders and employment here

EURUSD 1.1140 EURGBP 0.7269 EURJPY 133.69