German Preliminary Manufacturing PMI arrives at 57.6 in November vs. 56.9 expected

  • German Manufacturing PMI arrives at 57.6 in November vs. 56.9 expected.
  • Services PMI in Germany rises to 53.4 in November vs. 51.5 expected.
  • EUR/USD flirts with highs near 1.1265 on upbeat German PMIs.

The German manufacturing sector continues with its solid pace of expansion in November, the preliminary manufacturing activity report from IHS/Markit research showed this Tuesday.

The Manufacturing PMI in Eurozone’s economic powerhouse came in at 57.6 this month vs. 56.9 expected and 57.8 prior.

Germany Markit Services PMI above forecasts (51.5) in November: Actual (53.4)

Germany Markit Services PMI above forecasts (51.5) in November: Actual (53.4)
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