Euro-zone Jan. manufacturing PMI edges higher

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Forum Policy

Return to Index

TFC Commodity Trading Forum

Euro-zone Jan. manufacturing PMI edges higher (by William L. Watts)

LONDON (MarketWatch)-- Manufacturing activity across the euro zone accelerated at its fastest pace in nine months, with the January purchasing managers index for the sector rising unexpectedly to 57.3 from 57.1 in December, Markit Economics reported Monday. The figure topped a preliminary reading of 56.9. A reading of more than 50 indicates growth in activity, while a reading of less than 50 signals a contraction. Growth was led by Germany, Austria and the Netherlands, but export-led manufacturing growth also picked up in peripheral nations, particularly Ireland and Italy, Markit said. Survey data indicated domestic demand remained a drag on growth in Greece and Spain.

Forum Policy

Return to Index