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Eurozone PMI falls to 53.9

Sep. 23, 2015 4:52 AM ETFXE, ERO-OLD, URR, DRR, ULE, EUO, EUFXBy: Clark Schultz, SA News Editor1 Comment
  • The Markit Eurozone Manufacturing PMI fell to 53.9 in September to miss the estimate of economists. The read on manufacturing was 40 basis points lower than the 54.3 mark in August, but roughly in line with activity over the last eight months.
  • Service sector growth outpaced manufacturing by a small margin. Growth of new orders hit a five-month high in a positive signal for steady expansion of the eurozone economy.
  • ETFs: FXE, EUO, ERO, DRR, EUFX, ULE, URR

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