Cyprus in focus IFO secondary

Review: EU PMI’s were really poor. Cyprus is under pressure The EU: PMIs were bad and sent EUR down. The largest locomotives in the euro zone yesterday showed surprising signs of weakness. PMIs for France and Germany disappointed solidly in the service and industrial sector. German PMI industry landed at 48.9 (estimate: 50.5) and 51.6 for the service sector (estimate: 55.0). In France the figures were 43.9 (estimate: 44.2) and 41.9 (estimate: 44.2). Poor figures from Europe sent down EURUSD by

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Cyprus in focus IFO secondary

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