- Germany’s Manufacturing PMI declined to 40.3 in September vs. 42.4 forecast.
- Services PMI for the German economy fell to 50.6 in September vs. 51.0 expected.
- EUR/USD attacks 1.1100 after downbeat German PMIs.
The German manufacturing sector downturn worsened in September while the services sector activity also took a hit, the preliminary business activity report published by the HCOB survey showed Monday.
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