Germany · HCOB Manufacturing PMI: 53.8

Actual53.8

Forecast54.5

Previous54.3

Surprise -0.78σ

VerdictBELOW FORECAST

ReadBunds BULLISH · Equities BULLISH (rates-driven tape)

Germany · HCOB Manufacturing PMI: Actual 53.8, forecast 54.5, prev 54.3. Surprise: BELOW FORECAST by 0.8 sigma. Desk read: Bunds BULLISH · Equities BULLISH (rates-driven tape).

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