Italy February services PMI 55.0 vs 57.0 expected

Latest data released by Markit/ADACI — 5 March 2018

  • Prior 57.7
  • Composite PMI 56.0 vs 57.9 expected

Very weak figures from Italy compared to expectations. Good thing everyone is pretty distracted by the elections, huh?
But the figures are still not too bad, January was more of an exceptional month.
The full report by Markit can be found here.
EUR/USD now at 1.2313 as the euro recovers from early jitters on the election. EUR/GBP at 0.8922 and EUR/JPY at 130.03 currently.
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