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Eurozone Preliminary Manufacturing PMI improves to 43.8 in November vs. 43.4 expected

  • Eurozone Manufacturing PMI rose to 43.8 in November, beating estimates of 43.4.
  • Bloc’s Services PMI improved to 48.2 in November vs. 48.1 expectations.
  • EUR/USD keeps gains near 1.0920 after German, Eurozone PMI reports.

The Eurozone manufacturing sector slowed its pace of contraction alongside the services sector’s in November, the latest figures from the HCOB's latest purchasing managers index survey showed Thursday.

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GBP/USD maintains the consolidation in place – UOB

Further side-lined trading remains on the table for GBP/USD in the next few weeks, according to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang.
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The risks associated with Turkish monetary policy and the Lira remain elevated – Commerzbank

The Turkish Lira has depreciated substantially since the start of the year.
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