Latest data released by Markit - 14 December 2018
No surprises as the readings here show a drop as the weaker-than-expected French prints are reflected in the overall prints here. Still, it doesn't bode well as the softer readings will only serve to compound worries faced by the ECB on its growth outlook next year.
Of note, the composite reading is the lowest since November 2014, likewise for the services reading. The manufacturing print is the weakest since February 2016.
EUR/USD slips to a low of 1.1287 as sellers are looking to confirm a break below 1.1300 now. EUR/GBP still holds higher on the day but is off the highs, currently at 0.8986.
