A post by @FirstSquawk on X.
GERMANY'S OCTOBER COMPOSITE PMI IS 53.4, UP FROM PRELIMINARY 52.8.
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Germany’s October composite PMI was revised up to 53.4 from a preliminary 52.8, signaling stronger-than-first-reported private-sector activity. The upward revision matters because it points to firmer momentum in Europe’s largest economy at the start of the fourth quarter. Traders will watch whether the improvement carries into November flash PMIs and whether it shifts expectations for ECB policy and euro-area growth.
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