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Eurozone flash manufacturing PMI arrives at 47.8 in June, EUR/USD keeps 1.1300

The  Eurozone  manufacturing sector activity continued to improve in the month of June, the latest manufacturing activity survey from IHS/Markit research showed.

The Eurozone manufacturing purchasing managers index (PMI) came in at 2-month highs of 47.8 in June vs. 48.0 expected and 47.7 last while the services PMI rose sharply to 7-month highs of 53.4 vs. 52.9 expected and 52.9  last.

The IHS Markit Eurozone PMI Composite rose from 51.8 in May to 52.1 in June, hitting fresh 7-month highs.

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