BREAKING: European Services PMIs Slightly Above Expectations in October. EURUSD slightly up!

Key takeaways

All major European services PMIs—Italy, France, Germany, and the Eurozone—came in slightly above market expectations.
France and Italy showed the strongest growth, while the Eurozone overall continues to expand modestly.

EUR/USD

Forex

Key takeaways

All major European services PMIs—Italy, France, Germany, and the Eurozone—came in slightly above market expectations.
France and Italy showed the strongest growth, while the Eurozone overall continues to expand modestly.

Today we had a series of important services PMI releases across Europe:

09:45 Italy – Services PMI (October): actual 54 (forecast 53; previous 52.5)

09:50 France – Financial Services PMI (October): actual 48 (forecast 47.1; previous 48.5)

09:55 Germany – Financial Services PMI (October): actual 54,6 (forecast 54.5; previous 51.5)

10:00 Eurozone – Financial Services PMI (October): actual 53 (forecast 52.6; previous 51.3)

Italy – Services PMI (October): 54 (forecast 53; previous 52.5)
Italy’s services sector continued to expand in October, with the PMI rising slightly above expectations at 54. This represents an improvement from September’s 52.5, signaling steady growth and positive momentum in the Italian services industry.

France – Financial Services PMI (October): 48 (forecast 47.1; previous 48.5)
France’s financial services sector is still shrinking, but the PMI of 48 was a little better than expected. The decline is slowing down, even though it is slightly lower than September’s 48.5.

Germany – Financial Services PMI (October): 54.6 (forecast 54.5; previous 51.5)
Germany’s financial services sector showed strong growth in October, with the PMI exceeding expectations at 54.6, up sharply from 51.5 in September. This indicates a solid acceleration in activity, reflecting robust demand and overall confidence in the sector.

Eurozone – Financial Services PMI (October): 53 (forecast 52.6; previous 51.3)
The Eurozone’s financial services sector expanded at a slightly faster pace than expected, with the PMI rising to 53. This is an improvement from September’s 51.3 and highlights moderate but consistent growth across the region.

Relatively strong data from Europe support the euro, and the EUR/USD is strengthening in response to the positive PMI readings.

Source: xStation5

5 December 2025, 6:56 PM

Daily Summary: Wall Street ends the week with a calm gain 🗽 Cryptocurrencies slide

5 December 2025, 6:43 PM

NATGAS surges 5% reaching 3-year high 🔎

5 December 2025, 5:35 PM

Bitcoin loses 3% 📉Technical bearish flag pattern?

5 December 2025, 4:30 PM

3 markets to watch next week (05.12.2025)

Forex
Economic reports

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days

BREAKING: European Services PMIs Slightly Above Expectations in October. EURUSD slightly up!

Join over 2 000 000 XTB Group Clients from around the world