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JUL 24, 2013 - Investopedia

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Flash: Euro area composite PMI – Nomura

FXstreet.com (London) - The Global Economics team at Nomura noted the euro area composite PMI for July rose above 50 for the first time in a year and a half (at 50.4 from 48.7 in June). Key Quotes:“The 3-month moving average also rose by 1.1 points to 48.9, its highest level since March 2012”.“The flash estimate of the euro area composite PMI was stronger than expected, increasing to 50.4 from 48.7 in June and marking a fourth consecutive monthly increase”.“At the country level, the data for Germany and France improved and according to our calculations composite PMIs in the rest of the ... Read More

Tags: Flash: Euro area composite PMI – Nomura,  Euro Latest News