Euro-ZoneA price area rather than one perfect line. Lix’s chart rule: markets react in neighborhoods, so draw a useful area, not a laser beam.Read More factory activity strengthened in September, with the PMI rising to 52.9, its highest level in four years. The reading indicates a continued expansion in manufacturing activity and points to improving conditions across the region’s industrial sector.
Euro-zone manufacturing expanded at its fastest pace in more than four years in September, with the HCOB/S&P Global Manufacturing PMI rising to 52.9 from 52.7 in August, Reuters reported. The reading exceeded the preliminary estimate of 52.7 and marked a third consecutive month above the 50 growth threshold. The output index rose to 53.6, a 55-month high, while stronger investment-goods DemandHow much buyers want at a given price. Stronger demand can make buyers compete with higher offers.Read More supported activity. PriceThe most recent agreement between a buyer and a seller. It is not a prediction; it is the market’s latest handshake.Read More pressures remained a concern, keeping the interaction between improving growth, InflationA broad rise in prices that reduces money’s purchasing power. Central banks watch inflation because it affects interest-rate decisions.Read More and future European Central bankThe institution that sets monetary policy for a country or currency area, including interest-rate decisions that can move currencies.Read More policy in focus.
