Risk appetite and EURUSD are staging an encouraging rally this morning, on the back of better than expected PMI data across Europe and solid equity performances in Asia. The Eurozone Composite PMI index came out at 51.1 in Aug (same level as Jul), against market expectations for a drop to 50.0. Looking at the component surveys, manufacturing fell less than expected to 49.7 (49.5 expected, 50.4... ...More...


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