Latest data released by Markit - 4 January 2018
- Prior 54.4
- Composite PMI 55.4 vs 55.2 prior
According to Markit, rates of expansion in new orders and activity quicken for first time in three months; and employment rose further on the month compared to prior reading.
Not the most major of data points as I mentioned in the calendar preview. Just a general economic sentiment indicator for the Spanish economy, but the focus on Eurozone data tends to normally be on France or Germany as they are the major contributors.
EUR/USD trading at 1.2029 - a little higher on the day. EUR/GBP almost unchanged today at 0.8893.
