Market Currents
Eurozone flash manufacturing PMI 45.3 in Oct vs 46.1 in Sep; manufacturing output 44.8 vs 45.9,...
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Wednesday, October 24, 2012, 4:16 AM ETEurozone flash manufacturing PMI 45.3 in Oct vs 46.1 in Sep; manufacturing output 44.8 vs 45.9, services 46.2 vs 46.1, composite output 45.8 vs 46.1. While GDP may fall modestly in Q3, "a steeper fall looks to be on the cards" for Q4, says Markit. "Sentiment about prospects for the year ahead are now the gloomiest since early-2009, when the post-Lehman Brothers crisis was in full swing." (Markit PR)
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