Forex Consulting

Italy Markit/ADACI Oct services PMI 52.1 vs 53.0 exp

Italy Markit/ADACI Oct services report now out 6 Nov – 53.2 prev – composite 53.9 vs 54.3 exp vs 54.3 prev Says Markit: . The Italian service sector continued to expand during October, albeit at a slower rate amid reports of weaker sales gains. Margins also came under pressure as companies resorted to discounting to support…

Forex Consulting

Eurozone Sept PPI mm 0.6% vs 0.4% exp

Eurozone Sept PPI report just out 6 Nov – 0.3% prev – yy 2.9% vs 2.7% exp vs 2.5% Some sign of future headline inflation creeping down the pipe. EURUSD 1.1603 after the earlier dip to 1.1589 but buyers lurking. EURGBP still 0.8854 EURJPY 132.43 as USDJPY holds 114.00 and bounces to 114.13 Copyright 2015…

Forex Consulting

Eurozone Sentix Nov investor confidence 34.0 vs 31.0 exp

Eurozone Sentix Nov investor confidence report just out 6 Nov – 29.7 prev – Germany sentix 42.4 vs 37.3 prev – all time high for the German reading The Sentix Investor Confidence Index rates the relative six-month economic outlook for the euro zone. The data is compiled from a survey of about 2,800 investors and…