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German Preliminary Manufacturing PMI improves to 58.2 in October vs. 56.5 expected

  • German Manufacturing PMI arrives at 58.2 in October vs. 56.5 expected.
  • Services PMI in Germany drops to 52.4 in October vs. 55.0 expected.
  • EUR/USD flirts with highs near 1.1640 on mixed German PMIs.

The German manufacturing sector quickens its pace of expansion in October, the preliminary manufacturing activity report from IHS/Markit research showed this Friday.

more to come ...

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