Here come eurozone services PMIs...
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REUTERS/Andrew WinningEurozone services PMIs are rolling out this morning - the business surveys give us an early look at what's happening in Europe's massive services industry in September, before any official data comes out.
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The flash PMI, based on the early returns of the survey and for which only details of France and Germany are available, came in at 54 - and so did the complete survey.
That's above the neutral 50 level, indicating growth.
Here's the breakdown:
- Spain: 55.1 (58.5 expected, 59.6 previous)
- Italy: At 8:45 a.m. UK time (54 expected, 54.6 previous)
- France: At 8:50 a.m.(51.2 expected, 50.6 previous)
- Germany: At 8:55 a.m.(54.3 expected, 54.9 previous)
- Eurozone total: At 9 a.m. (54 expected, 54.4 previous)
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