October 2018 Eurozone Market manufacturing, services and composite flash PMI’s 24 October 2018

Other PMI’s

  • Germany manufacturing52.3 vs 53.4 exp. Prior 53.7
  • Services 53.6 vs 55.5 exp. Prior 55.9
  • Composite 52.7 vs 54.8 exp. Prior 55.0
  • France manufacturing51.2 vs 52.4 exp. Prior 52.5
  • Services 55.6 vs 54.7 exp. Prior 54.8
  • Composite 54.3 vs 53.8 exp. Prior 54.0
  • Japan manufacturing 53.1 vs 52.5 prior

Other data;

  • Eurozone household loans sep 2018 3.1% vs 3.1% prior y/y
  • Loans to non-financials 4.3% vs 4.2% prior y/y
  • M3 money supply 3.5% vs 3.5% exp/prior ann

Eurozone manufacturing at the lowest at the lowest for over 2 years, services at a 2 year low, composite over 2 year low. Not good news all round and EURUSD suffers further 1.1418 the fresh low.

Ryan Littlestone

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