German April 2018 Preliminary PMI’s on 23.04.2018

  • prior 58.2
  • Services PMI 54.1vs 53.7 exp , prior 53.9
  • Compositie PMI 55.1 vs 54.8 exp, prior 55.1
  • New Orders (Manufacturing): 55.9 v 58.7 prior (41st month of expansion lowest since Sept 2016)
  • New Business: 52.9 v 53.5 prior
  • Earlier out: French April Prelim Manufacturing PMI 53.4 vs 53.3 exp, prior 53.7
  • French Services PMI 574. vs 565.5, prior 56.9
  • Frech Composite PMI 56.9 vs 55.9 exp, prior 56.3

Beating somewhat weakened expectations. EUR jumps a few spreads but all in the morning’s range, trading 1.2275

K-man

K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here
K-man

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