forex forum binary options trade - Forex - France August final services PMI 51.2 vs 51.0 prelim
  • Welcome to forex forum binary options trade. Please login or sign up.

France August final services PMI 51.2 vs 51.0 prelim

Started by forex4you, Sep 05, 2022, 03:49 pm

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.


France August final services PMI 51.2 vs 51.0 prelim

<ul><li>Composite PMI 50.4 vs 49.8 prelim</li></ul><p style="" class="text-align-justify">A slight upwards revision but it is one that sees French business activity avoid a contraction in August, though growth conditions have basically grounded to a standstill. Business confidence is at a 21-month low with slower rises in activity and employment also observed in August. S&P Global notes that:</p><p style="" class="text-align-justify">"French service sector activity appears to be moving gradually towards stagnation territory, and forwardlooking indicators suggest worse is to come. New orders dropped into contraction for the first time since early2021 and business expectations slumped to the lowest since late-2020 amid increasing worries about the demand outlook. </p><p style="" class="text-align-justify">"While employment continued to rise, this at least in part reflected the result of efforts to rebuild workforces following the pandemic. Job creation is unlikely to be sustained should current trends continue and the sector fall into contraction. </p><p style="" class="text-align-justify">"Taken alongside further weakness in the PMI data for manufacturing, the latest figures for services suggest that the overall economy is stagnating during the third quarter and on a weak footing as the final months of the year approach."</p><p>/<a href="" target="_blank" id="b0427fd7-674c-4ad1-b689-22d1f8b087b0_1" class="terms__main-term">EUR</a></p>

This article was written by Justin Low at

Source: France August final services PMI 51.2 vs 51.0 prelim
Forex4you offers wide range of trading accounts with DDE, NDDE and STP executions including more than 100 instruments. Forex4you is based on MetaTrader 4 trading platform. Clients have the advantage of daily technical and fundamental analysis, one-click trading, economic calendar, mobile trading applications, news and forecasts from Dow Jones (UK) and signals from Trading Central (US). In addition, Forex4you offers Forex dictionary, educational materials and lot of "How to" guides about Forex. Forex  beginners-guide-to-iq-option-complete-review forex4you review forex4you Forex4you Review - One of the Best Forex Brokers Forex4you Review - One of the Best Forex Brokers forex4you - PAMM forex broker review and feedback from traders  Affiliate programs  Forex4you Affiliate programs