UK flash services PMI hits 53.1 in October, surpassing expected 51.8
UK flash services PMI came in at 53.1 in October, above the 51.8 estimate.
Japan's revised Q2 GDP came in at 1.4% year-on-year, above the preliminary 1.1% estimate.
This update provides only the revised figures. Further discussion on details and implications will follow separately.
Background context:
Share to
Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
UK flash services PMI came in at 53.1 in October, above the 51.8 estimate.
Eurozone October flash PMIs missed forecasts as growth continued at slowest pace, likely fueling ECB tightening speculation.
Germany's October flash manufacturing PMI was 54.2 versus 53.5 expected, while services and composite PMIs missed forecasts, pointing to slower activity.
Corporate bond premiums are expanding globally, hitting levels unseen since the 2025 tariff shock, driven by anxiety over debt-funded AI spending.