Latest data released by Markit/ADACI - 4 January 2017
- Prior 54.7
- Composite PMI 56.5 vs 56.0 prior
A beat on both fronts for Italy. According to Markit, jobs added were to the greatest degree since March 2017 while the readings recorded the best gain in new work since 2006.
Again, not the biggest of data points for the Eurozone. But improved sentiment is still improved sentiment, no matter how small it is.
EUR/USD now at 1.2031, still trading in the 1.2020-30 range today.
