3 Feb 2014
Flash: EUR/USD eyes on Italian and Spanish PMI - Danske Bank
FXstreet.com (Barcelona) - Anders Møller Lumholtz, Senior Analyst at Danske Bank notes that in terms of data releases EUR/USD focus will be on PMI manufacturing in Italy and Spain.
Key Quotes
“We expect the figure for both countries to show further improvement and in particular the
Spanish indicator could move higher.”
“Consensus is for a drop in the Italian figure and a small increase in the Spanish one. Irish manufacturing PMI was released this morning and showed a small decrease to 52.8 in January from 53.2.”
“We do not expect major revisions of final PMIs for the euro-area, Germany and France."
Key Quotes
“We expect the figure for both countries to show further improvement and in particular the
Spanish indicator could move higher.”
“Consensus is for a drop in the Italian figure and a small increase in the Spanish one. Irish manufacturing PMI was released this morning and showed a small decrease to 52.8 in January from 53.2.”
“We do not expect major revisions of final PMIs for the euro-area, Germany and France."