European S&P Global Composite PMI Final (Oct) 51.7 vs. Exp. 51.9 (Prev. 53.1)
Newsquawk Staff ·
- "Further upward price pressures were reported in October, largely linked to higher energy prices, which are squeezing customers’ budgets and discouraging spending. At the same time, political uncertainty is acting as a secondary drag on spending and investment."
- "While the markets have been pricing in a near certainty of a further rate hike from the ECB in December, any further slowing of the growth trajectory may sow some doubts as to the need for more tightening as we head into 2027."
Sources
- [PREVIEW] Riksbank Policy Decision on 4th November 2026
- EUROPEAN OPEN: NOVOB DC raises FY26 sales & profit view; BMW GY cuts autos EBIT margin guidance; CON GY raises adj. EBIT view; AD NA cuts margin & EPS outlook; BARN SW forecasts volume growth
- [PREVIEW] BoE Policy Decision on 5th November 2026
- Newsquawk Daily European Equity Opening News - 4th November 2026
- Newsquawk Daily European Opening News - 4th November 2026
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