Report
Euro Area PMIs: momentum eases further – divergence grows
The September PMIs came in weaker than expected , with the euro area composite PMI index barely staying above the 50 level. The recovery in the services sector is now clearly on the back foot, while sentiment in the manufacturing sector keeps improving. Today’s number underline the precarious nature of the recovery in light of rising new infections.
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Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Dirk Schumacher
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