Higher Service-Sector PMI Readings in the United States and Euroland Plus Comments on Other U.S. Statistics Released Today
This post by larrygreenberg has been reprinted from Currency Thoughts.
Comments OffThe service-sector purchasing manager indices rose in November by 0.5 points in the United States and 0.7 points in the euro area. The spread between those readings narrowed marginally to +8.0 points as a result. Notably, U.S. services at 54.7 and comfortably above the 50 no-change level connotes non-stalling expansion, whereas Euroland’s 46.7 points to [...]
larrygreenberg @ December 5, 2012