German Flash Manufacturing PMI rises in January

Note: This section contains information in English only.
Source: Markit
© Scanpix/FP
Output of private sector in Germany increased in January hitting its twelve-month high as the service activity has the biggest impact rising at the fastest pace since June 2011, while manufacturing production grew slightly in January. Markit Flash Germany Composite Output Index added 3.3 points as it rose from 50.3 in December to 53.6 in January.

"The euro dipped on French numbers and was up on the German data. On the whole there is positive sentiment for the euro," said Niels Christensen, FX strategist at Nordea.
"...(It) seems capped at $1.34 for now but it is fair to say the euro is still firm across the board."
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Thu, 24 Jan 2013 15:51:52 GMT

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Swiss economic expectations improved in January

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