Eurozone Preliminary Services PMI contracts to 48.3 in August vs. 50.5 expected

• Eurozone Manufacturing PMI improves to 43.7 in August, beating estimates of 42.6.
• Bloc’s Services PMI drops to 48.3 in August vs. 50.5 anticipated.
• EUR/USD keeps losses below 1.0850 after disappointing German and Eurozone Services PMIs.

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