Eurozone business activity slipped back into contraction in April, with the Flash Composite PMI dropping from 50.7 to 48.6, a 17-month low. The downturn was driven primarily by a sharp deterioration in the services sector, where activity fell from 50.2 to 47.4, the weakest level in over five years. The services slump highlights the growing […]
The post Eurozone PMI Composite Falls to 48.6, Signals -0.1% GDP Contraction in Q2 appeared first on ActionForex.
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UK business activity picked up in April, with the Flash PMI Composite rising from 50.3 to 52.0, a two-month high. Services activity rose from 50.5 to 52.0. Manufacturing PMI jumped from 51.0 to 53.6, the Read more…
Market Overview The crypto market capitalisation has fallen by 0.8% over the past 24 hours to $2.6 trillion, driven by pressure on altcoins, while Bitcoin has been pulling the market upwards, a relatively unusual situation. Read more…