Latest data released by Markit/ADACI - 5 March 2019
- Prior 49.7
- Composite PMI 49.6 vs 48.6 expected
- Prior 48.8
The services sector is continuing to help lift sentiment in the region and this is a welcome boost for Italy. The details aren't exactly convincing though with the new business sub-index falling to a four-year low of 49.8; in January this was 50.8.
EUR/USD holds at the lows at 1.1325 currently with EUR/GBP a little lower at 0.8593 as the pound is seen flat on the day against the dollar at the moment.
