Natixis - Euro Area PMIs: momentum eases further – divergence grows

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Natixis

Dirk Schumacher

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.

22/09/2020 3 EN

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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.

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Analysts

Dirk Schumacher

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Euro Area PMIs: momentum eases further – divergence grows

Long Bono 01/41 vs. Short Bund 05/41

Overview of the Asian covered bond market

Consolidation after the euphoria?

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