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EMU: Flash PMI Manufacturing climbs to 50.7 in October

FXStreet (Łódź) - Preliminary Eurozone PMI Manufacturing increased to 50.7 in October, from 50.3 in September, according to data released today by Markit. The result is against market consensus of a drop to 49.9.

PMI Services remained at 52.4, against expectations of a slide to 52.0. Composite PMI rose to 52.2 from 52.0, against projections of a decline to 51.7.

Italy Trade Balance non-EU dipped from previous €1.727B to €1.533B in September

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EUR/GBP tests highs above 0.7890

A better tone in the common currency is now lifting EUR/GBP to print fresh session highs beyond 0.7890....
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