Forex | Forex | PMI Manufacturing Moderates in the Euro Zone, while UK PMI expanded for the first time (03/08/2009 10:21:02)

PMI Manufacturing Moderates in the Euro Zone, while UK PMI expanded for the first time

Today, after the release of the CLSM manufacturing in China showing improvement, the euro zone released its PMI manufacturing for July, showing that the managed to slow down the pace of contraction in the sector, that had suffered tremendously from the economic recession that hit the world last year. Meanwhile, there is optimism in global economies, after the series of better than expected data released recently, indicating that the worst is over. The euro zone released its PMI manufacturing

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