General World News

Here comes European manufacturing…

Hollande Merkel

It’s PMI day in Europe, meaning that we get a good look at how the continent’s manufacturing sector performed in the first month of 2016.

PMI readings give industry a score between 0-100, with anything above 50 signalling growth, and anything below showing a contraction.

On Monday morning, we’re expecting data from Italy, France, Germany, Greece, the Eurozone as a whole, and the UK.

Italy is up first, at 8:45 a.m. GMT, with the economist consensus putting the country at 55, down from 55.6 in December.

On January 22, we got a snapshot of the month’s data on Flash PMI day, and both Germany read more >>>

Source : BusinessInsider.Com