Germany · HCOB Services PMI: 52.9

Actual52.9

Forecast50

Previous49.7

Surprise +3.22σ

VerdictABOVE FORECAST

ReadBunds BEARISH · Equities BEARISH (rates-driven tape)

Germany · HCOB Services PMI: Actual 52.9, forecast 50, prev 49.7. Surprise: ABOVE FORECAST by 3.2 sigma. Desk read: Bunds BEARISH · Equities BEARISH (rates-driven tape).

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