Eurozone Manufacturing PMI arrives at 48.8 in January vs. 48.5 expected.
Bloc’s Services PMI rises to 50.7 in January vs. 50.2 expected.
EUR/USD defends mild gains near 1.0870 on the upbeat Eurozone PMIs.
The Eurozone manufacturing sector downturn eased further in January, the latest manufacturing activity survey from S&P Global research showed on Tuesday.
The Eurozone Manufacturing purchasing managers index (PMI) arrived at 48.8 in January vs. 48.5 expectations and 47.8 last. The index reached a five-month top.
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