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EUROZONE PRELIMINARY MANUFACTURING PMI STEADIES AT 44.2 IN DECEMBER VS. 44.6 EXPECTED

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  • Eurozone Manufacturing PMI stayed unchanged at 44.2 in December, beating estimates of 44.6.
  • Bloc’s Services PMI declined to 48.1 in December vs. 49.0 forecast.
  • EUR/USD keeps losses near 1.0950 after German, Eurozone PMI reports.

The Eurozone manufacturing sector contraction stalled but the services sector’s deepened in December, the latest figures from the HCOB's latest purchasing managers index survey showed Friday.

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