September 2017 Eurozone final manufacturing PMI 02 October 2017

Also out in Europe were individual PMI’s;

  • Ireland 55.4 vs 56.1 prior
  • Spain 54.3 vs 53.0 exp. Prior 52.4
  • Italy 56.3 vs 56.8 exp. Prior 56.3
  • France 56.1 vs 56.0 exp. Prior 56.0
  • Germany 60.6 vs 60.6 exp. Prior 60.6
  • Greece 52.8 vs 52.2 prior
  • Swiss 61.7 vs 61.2 prior

And August 2017 Italian unemployment at 11.2% vs 11.2% exp. Prior 11.3%

With a couple of exceptions, the data is ok. EURUSD isn’t watching the data at all as it hits a new day’s low at 1.1734. There should be further support against last week’s lows around 1.1715/20.

Si Heath

Trader in Forex, Stocks, Apples and Pears.
Philosophy: "In every expert, there was once a beginner."

Read how Si got into trading here
Si Heath

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