Eurozone: Focus on the release of flash PMIs for October - TDS

Sandeep Kanihama FXStreet Contributor

Research Team at TDS, suggests that the Eurozone focus will be on the release of flash PMIs for October.

Key Quotes

“We look for little change in the French services PMI at 53.2 (mkt 53.0), as the strong details of last month’s survey suggests that it should be able to hold onto its gains. For Germany we look for the manufacturing PMI to advance to 55.0 (mkt unchanged at 54.3), based on continued gains in new orders last month.

UK: CBI industrial trends for October where markets are looking for new orders to remain unchanged at -5, in line where it’s been sitting for the last several months.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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