The Euro-zone economy remained close to stagnation at the start of the fourth quarter, showed the latest survey from IHS/Markit research this Thursday. The Euro-zone manufacturing purchasing managers index (PMI) held steady near the 83-month low level of 45.7 in October as compared to a modest uptick to 46.0 expected. Meanwhile, the services PMI came in at 51.8, up from 51.6 recorded in the previous month but missed market expectations pointing to a reading of 51.9. The IHS Markit Euro-zone PMI Composite ticked higher from 50.1 in September to 50.2 in October, slightly below 50.3 expected. The EUR/USD pair reversed all of its early gains to levels beyond mid-1.1100s and has now dropped to the lower end of its daily trading range, albeit further downside is likely to remain limited ahead of the latest ECB monetary policy decision. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Riksbank: Unchanged policy rate, likely hike in December – Nordea FX Street 3 years The Euro-zone economy remained close to stagnation at the start of the fourth quarter, showed the latest survey from IHS/Markit research this Thursday. The Euro-zone manufacturing purchasing managers index (PMI) held steady near the 83-month low level of 45.7 in October as compared to a modest uptick to 46.0 expected. Meanwhile, the services PMI came in at 51.8, up from 51.6 recorded in the previous month but missed market expectations pointing to a reading of 51.9. The IHS Markit Euro-zone PMI Composite ticked higher from 50.1 in September to 50.2 in October, slightly below 50.3 expected. The… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
