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Breaking Posted 56 min ago

Italy Services Activity Accelerates to 52.0 in October

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Italy's services PMI rose from 51.7 to 52.0, beating the 51.5 forecast and signalling faster demand growth. The composite PMI fell to 50.8 from 51.0, suggesting overall eurozone momentum is slowing. Traders watch whether this demand strength holds inflation up ahead of tomorrow's eurozone CPI flash estimate and Lagarde's speech.
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55 minutes ago

Italy Services PMI Rises to 52, Beats Forecast of 51.5

Italy's October services PMI climbed to 52 from 51.3, exceeding expectations. The beat signals sustained eurozone demand momentum, though labour weakness in Spain and French fiscal risks remain headwinds. Traders await eurozone flash CPI and Lagarde's speech to assess inflation trajectory against demand strength.

https://x.com/FirstSquawk/status/2117901320086798792
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