Eurozone PMIs to improve further - TDS

Research Team at TDS, suggests that the Eurozone’s flash November PMIs are released today and as the Eurozone economy seems to have decent momentum heading into the end of the year, so TDS look for the PMIs to improve further on their recent gains.

Key Quotes

“Last month’s German survey had new business record its sharpest rise this year, which should translate into continued momentum in November: we see upside risk of a 55.5 print against consensus of 54.8. In France, business expectations continued to strengthen, and we see mild downside risks of an improvement to 51.7 against consensus of a sharper rise to 51.9.”