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Euro Area: Resilient PMIs – The Recovery Should Continue

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The euro area PMI figures for August were little changed compared with the level in July and only the manufacturing PMI is lower than prior to the Brexit vote in June. The composite PMI new orders index, which is a good leading indicator for GDP growth, has been very stable[​IMG]

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