A post by @FirstSquawk on X.
EUROZONE SERVICES PMI FOR OCTOBER AT 51.4, LOWER THAN PRELIMINARY 51.7.
@FirstSquawk on X
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Eurozone services PMI for October was revised down to 51.4 from the preliminary 51.7, First Squawk reported. The reading still signals modest expansion in the bloc's dominant services sector but falls short of the earlier estimate. The downward revision matters because services activity is a key gauge of domestic demand as the ECB weighs its policy path. Watch for follow-through in composite PMI data and whether the softer print shifts rate expectations.
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