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Crypto@FirstSquawk on XFiled 16 h ago

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Eurozone private-sector activity growth was revised lower for October, with the composite PMI coming in at 51.7 versus the 51.9 preliminary reading. The downward revision signals slightly weaker momentum across manufacturing and services than initially estimated, though the index remains above the 50 threshold separating expansion from contraction. The update matters because it feeds directly into fourth-quarter GDP expectations and shapes the European Central Bank's read on underlying demand as it weighs its next policy move. Traders will watch upcoming national PMI breakdowns and inflation data for confirmation of whether the slowdown is broadening.

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