BREAKING: Mixed PMI data form Germany and France!

8:38 AM 23 September 2020

Germany released its preliminary PMI indices just a moment ago - earlier the data was released by France. Data is rather mixed as Manufacturing PMIs came in well above expectations, yet services PMIs lagged behind.

Germany:

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Manufacturing PMI: 56.6 (vs expected: 52.5)
Services PMI: 47.5 (vs expected: 51.5)

France:

Manufacturing PMI: 50.9 (vs expected: 50.6)
Services PMI: 49.1 (vs expected: 53.0)

EURUSD tries to rebound following German PMI release. Source: xStation5

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