Comment & Analysis
Eurozone PMIs: Weak start to Q3 does not bode well for recovery
Euro Macro: The eurozone composite PMI for July declined compared to June and is now stagnation territory The eurozone composite PMI for July declined compared to June and is now stagnation territory (at 50.1, down from 50.9 in June). This was an undershoot of consensus expectations. Today’s reading indicates growth…
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