Breaking Posted 1 hour ago

Sweden Services PMI Falls to 55.7 in October

News
Sweden's services activity slowed sharply, with the Swedbank/Silk Services PMI falling from 57.4 to 55.7 in October, while the composite index declined to 57.0 from 57.6. The drop signals weakening demand in the service sector, a key question on the macro chain following September's 11-year jobs high. Traders watch whether demand remains resilient enough to support prices ahead of inflation data and the 6 November parliamentary elections.
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Latest Updates

34 minutes ago

Eurozone Composite PMI Falls to Four-Month Low

Eurozone growth eased to a four-month low, signaling weakening momentum as the ECB holds rates and signals no end to tightening. Traders now watch whether other central banks reprice policy; ECB inflation risks remain elevated. Next: Eurozone CPI flash estimate and Lagarde speech.

https://www.pmi.spglobal.com/Public/Home/PressRelease/944a7a1a23154adb9ad88967a362d94a
28 minutes ago

Eurozone PMI Composite Falls to 51.7 from 53.1 in October

Eurozone private-sector activity slowed to a four-month low in October as PMI Composite dropped from 53.1 to 51.7, with services declining from 53.0 to 51.4. Both indices remain above 50, signaling continued expansion but at a weakening pace. Demand softness and slipping business confidence signal momentum loss ahead.

https://www.actionforex.com/live-comments/659804-eurozone-pmi-composite-falls-to-51-7-as-demand-weakens-and-business-confidence-slips/
15 minutes ago

Eurozone Services Activity Slows: October PMI Falls to 51.4

Eurozone services PMI dropped to 51.4 in October from preliminary 51.7, signaling weakening demand as wage growth slows. The downward revision matters for EUR ahead of today's CPI flash and Lagarde's speech—softer services undercut inflation persistence and may influence ECB messaging on rate cuts.

https://x.com/FirstSquawk/status/2117906049458168106

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