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The Spanish economy just blew analyst expectations out of the water

Aug 5, 2015, 12:50 IST

Team Europe fans cheer as they stand alongside the first fairway to watch the 40th Ryder Cup at Gleneagles in Scotland September 26, 2014.REUTERS/Russell Cheyne

On Wednesday morning the latest purchasing managers' index (PMI) business surveys are rolling out for June. Today it's the turn of the services sector.

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Anything over 50 shows growth, and anything below indicates that a sector is contracting.

Here's what we've got so far:

  • Spain: Spain's reading was much stronger than expected, hitting 59.7, in comparison to the 55.5 that was expected.
  • Italy: Out at 8:45 a.m. London time (3:45 a.m. ET)
  • France: Out at 8:50 a.m. London time (3:50 a.m. ET)
  • Germany: Out at 8:55 a.m. London time (3:55 a.m. ET)
  • Eurozone total: Out at 9 a.m. London time (4 a.m. ET)

Spain's services sector saw the fastest hiring in 8 years.

We'll update this page as the data rolls out.

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