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30 Oct 2015
EZ PMI's under spotlight - TDS
FXStreet (Guatemala) - Analysts at TD Securities noted that October PMIs (2-4 Nov).
Key Quotes:
"PMIs are out next week through much of Europe. We expect the Swedish and Norwegian manufacturing PMIs to both decline, with the Swedish manufacturing PMI falling 0.9 to 52.4 (consensus: 54.0), while the Norwegian manufacturing PMI reverses last month’s surprising bump up, falling 2.4 to 44.9 (consensus: 46.5). Final readings for Germany, France, and the euro area should largely repeat the preliminary figures released earlier in the month."
Key Quotes:
"PMIs are out next week through much of Europe. We expect the Swedish and Norwegian manufacturing PMIs to both decline, with the Swedish manufacturing PMI falling 0.9 to 52.4 (consensus: 54.0), while the Norwegian manufacturing PMI reverses last month’s surprising bump up, falling 2.4 to 44.9 (consensus: 46.5). Final readings for Germany, France, and the euro area should largely repeat the preliminary figures released earlier in the month."