Euro zone's Manufacturing PMI rises

Source: Investing.com
© Scanpix/Reuters
In the Euro zone, manufacturing activity inched up from the previous month. Manufacturing PMI in July expanded to 51.9, indicating a timid increment compared to 51.8 in June. Still, analysts had forecast a decrease to 51.7. Meanwhile, services PMI surprisingly rose to 54.4 from last month's 52.8, exceeding analysts' forecast of 52.7. Following this release, the Euro rose 0.05% to 1.3470 versus the Dollar.
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