Eurozone · HCOB Composite PMI: 53.1

Actual53.1

Forecast51.5

Previous52

Surprise +2.29σ

VerdictABOVE FORECAST

ReadBunds BEARISH · Equities BEARISH (rates-driven tape)

Eurozone · HCOB Composite PMI: Actual 53.1, forecast 51.5, prev 52. Surprise: ABOVE FORECAST by 2.3 sigma. Desk read: Bunds BEARISH · Equities BEARISH (rates-driven tape).

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