The Finance Insider blog

Search This Blog

Blog Archive

The Finance Insider

Monday, November 4, 2013

Eurozone manufacturing recovery broad-based.

Eurozone manufacturing PMI edged up to 51.3 in October from 51.1 in September. The "modest and fragile recovery continues and remains broad-based, with growth seen in all nations bar France and Greece," says Markit. Increasingly "robust gains" in production in countries such as Spain, Italy and Ireland "suggest that structural reforms to boost competitiveness are starting to pay off." The euro was +0.1% at $1.3508 at the time of writing.

No comments:

Post a Comment