Euro area PMI data fires a warning shot to the ECB
Summary
By sueyangfx.com September 23, 2020 at 09:52AM The pace of the recovery is grinding to a halt towards the end of Q3 Earlier in the day, ECB’s Mersch that “incoming information isn’t pointing to a further deterioration” in the economy […]
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September 23, 2020 at 09:52AM
The pace of the recovery is grinding to a halt towards the end of Q3
Earlier in the day, ECB’s Mersch that “incoming information isn’t pointing to a further deterioration” in the economy but I would argue that the PMI data from today (⬆️) begs to differ – especially what we are seeing with the