- Analytics
- News and Tools
- Market News
- Eurozone: Focus on flash PMIs - TDS
Eurozone: Focus on flash PMIs - TDS
Analysts at TD Securities point out that for data today, we have the Eurozone’s flash PMIs for June.
“It was looking like we had reached a floor with Germany's manufacturing PMI, as it stabilised with a 44-handle for the last three months in a row. With US-EU auto tariffs having been delayed and US-Mexico tariffs having been averted, we had hoped to see some upward movement, but the disappointing ZEW report earlier this week leaves a big question mark around that view. With the ZEW polling financial market participants and the PMI polling purchasing managers, we could still see some divergence. But our forecast for an uptick to 45.5 in June (mkt: 44.6) is a bit more of a long shot. For the French services PMI, we look for a steady reading of 51.5 (mkt: 51.6).”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
