PMI reports: Eurozone services sector remains strong 📌

9:07 AM 3 July 2024

08:15 AM BST, Spain - PMI Data for Jun:

  • HCOB Spain Services PMI: actual 56.8; forecast 56.5; previous 56.9;

08:45 AM BST, Italy - PMI Data for Jun:

  • HCOB Italy Services PMI: actual 53.7; forecast 53.9; previous 54.2;
  • HCOB Italy Composite PMI: actual 51.3; previous 52.3;

08:50 AM BST, France - PMI Data for Jun:

  • HCOB France Services PMI: actual 49.6; forecast 48.8; previous 49.3;
  • HCOB France Composite PMI: actual 48.8; forecast 48.2; previous 48.9;

08:55 AM BST, Germany - PMI Data for Jun:

  • HCOB Germany Services PMI: actual 53.1; forecast 53.5; previous 54.2;
  • HCOB Germany Composite PMI: actual 50.4; forecast 50.6; previous 52.4;

09:00 AM BST, Euro Zone - PMI Data for Jun:

  • HCOB Eurozone Services PMI: actual 52.8; forecast 52.6; previous 53.2;
  • HCOB Eurozone Composite PMI: actual 50.9; forecast 50.8; previous 52.2;

The Eurozone PMI report for the services sector performed relatively better than analysts' expectations. Nevertheless, the month-on-month trend is slightly downward. Noteworthy are the strong data in France and Spain. EURUSD gains 0.13% also supported by USD decrease. 

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