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Euro Area: Manufacturing PMI Strengthens

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Sep 23, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The euro area manufacturing PMI figure for September rebounded towards the pre-Brexit vote level and there are signs that it will strengthen even further in the coming months. The order-inventory balance, which is usually a good leading indicator for manufacturing PMI, increased to the highest level since 2010 and indicates[​IMG]

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