Germany · HCOB Services PMI: 48.5

Actual48.5

Forecast50.1

Previous49.8

Surprise -1.78σ

VerdictBELOW FORECAST

ReadBunds BULLISH · Equities BEARISH

Germany · HCOB Services PMI — Actual 48.5, forecast 50.1, prev 49.8. Surprise: BELOW FORECAST by 1.8 sigma. Desk read: Bunds BULLISH · Equities BEARISH.

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