Market Updates: Italian Service Sector Activity Picks Up in November - FX Leaders News

Market Updates: Italian Service Sector Activity Picks Up in November

Posted Wednesday, December 5, 2018 by
Arslan Butt • 1 min read

As per recent reports, the business activity in Italy’s service sector returned to slight growth during November, as greater customer numbers fed through to higher new orders.

However, the rate of new business growth was the slowest in 45 months and business confidence dipped. Overall, the figure jumped to 50.3 vs. 49.2 which is bringing bulls to the EUR/USD.

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About the author

Arslan Butt is our Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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