Market Comment | Economic data and Portugal’s debt rating review fuelled EZ risk assets
Published on Monday, October 24, 2016 | Updated on Monday, October 24, 2016
Market Comment | Economic data and Portugal’s debt rating review fuelled EZ risk assets
Summary
EZ PMIs point to improved growth in Q4 2016, driven by Germany. The composite euro zone PMI in October increased above expectations, by 1.1 pt to 53.7 pts (consensus: 52.8 pts). This improvement is due to increased confidence in both the service sector (53.5 pts, up from 52.2) and the manufacturing sector (53.3 pts, from […]
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BBVA Research
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