Quick Update on Economic Events, Released so far
The eurozone has released a series of services PMI figures today, here's a quick update on numbers: French Prelim CPI m/m fell to 0.0%.
Arslan Butt•Friday, January 4, 2019•1 min read
The Eurozone has released a series of services PMI figures today. Here’s a quick update on numbers:
- French Prelim CPI m/m fell to 0.0% vs. -0.2% beforehand
- Spanish Services PMI held steady at 54 vs. 54 beforehand
- Italian Services PMI fell to 50.5 vs. 50.3 beforehand
- French Final Services PMI remained neutral at 49.0 vs. 49.6
- German Final Services PMI fell to 51.8 vs. 52.5 previously
- German Unemployment Change soared by -14k vs. -16k
Despite all these events, the market is muted as investors await the labor market data from the United States and Canada.
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ABOUT THE AUTHOR
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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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