Shits & Giggles

Posts tagged pmi

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Pretty good EuroZone PMI

At 48.8, still a contraction, but Germany had an expansion with a PMI at 51.

Manufacturing is picking up. A euro near 1.26-1.30 (against the dollar) can facilitate growth for Germany. But the Euro needs to be lower for the other players to see expansion.

Filed under europe economy pmi