Here come eurozone manufacturing PMIs...

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Cameron Merkel Renzi Hollande

REUTERS/Emmanuel Dunand/Pool

Italian Prime Minister Matteo Renzi (L-R), German Chancellor Angela Merkel, French President Francois Hollande and British Prime Minister David Cameron take part in a meeting during a European Union extraordinary summit seeking for a solution to the migrants crisis, in Brussels April 23, 2015.

The eurozone's latest economic data is rolling out this morning, with manufacturing purchasing managers' index (PMI) data showing how things are going for the continent's industry.

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Here's what we have so far:

  • Spain: 53.6 (54.7 expected and 54.5 previously)
  • Italy: Out at 8:45 a.m. London time (3:45 a.m. New York)
  • France: Out at 8:50 a.m. London time (3:50 a.m. New York)
  • Germany: Out at 8:55 a.m. London time (3:55 a.m New York)
  • Eurozone total: Out at 9 a.m. London time (4 a.m. New York)

Any score over 50 indicates that a sector of the economy is growing, while anything below that neutral number means it's contracting.

The July figures are the first for Q3, offering a sign of how the eurozone is doing as the second half of the year gets underway. Until now, the expansion has been mostly reliant on services rather than manufacturing, though all the major economies (bar France) have been back in growth territory.

We'll keep you updated as the rest of the figures are released.

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