Eurozone PMI data for December pointed to a clear loss of momentum heading into year-end. PMI Manufacturing slipped from 49.6 to 49.2, an eight-month low. PMI Services also eased from 53.6 to 52.6, dragging PMI Composite down from 53.8 to 51.9 and signaling a broader slowdown in activity. According to Hamburg Commercial Bank, the weakness […]

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